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Shares of fintech and e-commerce related stocks Upstart (NASDAQ: UPST) , Affirm (NASDAQ: AFRM) , and MercadoLibre (NASDAQ: MELI) were rallying today, up 2.9%, 10.8%, and 5.3%, respectively. There wasn't much in the way of company-specific news today driving these...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shares of SoFi (NASDAQ: SOFI ) have slumped by more than 55% this year, but it’s clear from technology startup accelerator Y Combinator’s (YC) summer activity that fintech companies are here to stay....
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Not to be a buzz kill, but there’s plenty to suggest a stock market selloff is on the horizon. Federal Reserve Chair Jerome Powell indicated in his recent policy speech at Jackson Hole, Wyo., that the central bank ...
Summary Affirm reported the results for its latest quarter a couple of weeks ago. While the company beat on its guided metrics by varying percentages, growth for this current fiscal year was significantly less than analysts had projected. The shares fell steeply because of the...
Palm Beach, FL – September 7, 2022 – FinancialNewsMedia.com News Commentary – GIG economy workers are utilizing new technologies to expend their incomes in return for their services. An article in Yahoo Finance discussed these new opportunities...
Last year, financial technology, or fintech, stocks were all the rage. Many fintech companies saw their stocks shoot up and reach astronomical valuations. But this year, as interest rates have surged, investors have gotten a lot more selective about these stocks. In fact, the market this ye...
Since Affirm (NASDAQ: AFRM) went public, it has been drawing attention for its efforts to really bring "buy now, pay later" (BNPL) lending to the masses. The company offers several ways for consumers to buy everyday products with no money down and pay off those purchases in multiple...
Valuations for fintech companies have gotten hit hard this year amid high levels of inflation, rapidly rising interest rates, and investors shying away from risks associated with growth stocks. Buy now, pay later upstart Affirm Holdings (NASDAQ: AFRM) and payments giant PayPal Hol...
Shares of the buy-now, pay-later (BNPL) company Affirm (NASDAQ: AFRM) fell nearly 13% in August, according to data provided by S&P Global Market Intelligence . The reason for the decline largely had to do with the company's earnings report during the month but also as ma...
Affirm Holdings (NASDAQ: AFRM) stock was tanking on Thursday morning, down as much as 6.3% at around 10:15 a.m. ET. By 12:40 p.m. ET it had crawled back a little but was still down 4.3%, trading at $22.42. It was yet another down day on Thursday, on its way to being the fifth st...
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2024-06-29 14:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...