Why Is Everyone Talking About Affirm Holdings Stock?
Affirm Holdings (NASDAQ: AFRM), a provider of buy now, pay later (BNPL) services, became a hot stock in late August after it partnered with Amazon (NASDAQ: AMZN) to process some of the e-commerce giant's payments.
Affirm recently became a hot topic again following two major developments. First, Affirm's stock rose in late October after it struck a deal with American Airlines (NASDAQ: AAL) to offer BNPL options for its ticket sales. But in early November, Affirm's stock dipped after Peloton Interactive (NASDAQ: PTON), its largest client, posted dismal guidance for the rest of its fiscal year.
Let's see if the good news outweighs the bad news, and if Affirm's stock is still worth buying after it more than tripled from its IPO price back in January.
Source Fool.com
