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Invites Investors to Submit Questions for the Webcast Affirm Holdings, Inc. (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that Michael Linford, CFO, will participate in a shareholder fireside chat on Thursday, March 9, 2023...
In its second fiscal quarter of 2023 (the three-month period at the very end of 2022), the buy now, pay later company Affirm (NASDAQ: AFRM) reported disappointing results that led to a sell-off of the stock. CEO Max Levchin noted in a letter to shareholders that the company saw a slow...
Consumer finance companies have been ravished by the rapidly rising interest rate environment, and the trend showed no signs of letting up for the buy now, pay later (BNPL) company Affirm (NASDAQ: AFRM) . Affirm was a big winner in 2021 when tech stocks were all the rage and ascen...
SAN DIEGO, Feb. 14, 2023 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in shares of Affirm Holdings, Inc. (NASDAQ: AFRM). Investors who purchased shares of Affirm Holdings, Inc. (NASDAQ: AFRM) long term and continue to hold a...
Summary Affirm is a leading Buy Now Pay Later provider, which has deals with major players such as Amazon and other providers which contribute to over 60% of U.S. retail ecommerce sales. The company reported mixed financial results as it mixed both revenue and earnings expectations for ...
Summary The S&P 500 is just too expensive at this level. It will be brought to heal by rising rates and lower earnings. A long-short strategy along with hedging the indexes and maintaining a cash management discipline creates the right configuration for trading success. ...
Affirm Holdings ( NASDAQ: AFRM ) stock dropped 4.1% in Friday premarket trading after Morgan Stanley analyst James Faucette downgraded the Buy Now, Pay Later financing firm to Equalweight from Overweight. "Affirm's ( AFRM ) product ambitions are too large given narrow incremen...
During the first two years of the pandemic, when demand for everything was soaring, stimulus cash was bolstering household budgets, and interest rates were near zero, buy now, pay later company Affirm (NASDAQ: AFRM) never turned much of a profit. If the business didn't really work then, w...
The downward momentum continued on Wall Street during Thursday's trading, as the S&P 500 dropped 1%. This added to a decline seen the previous day and represented its fourth lower finish in the past five sessions. Continued concerns about Federal Reserve policy have weighed on the major avera...
The stock market has been resilient lately, but as investors learned in 2022, you can't expect stocks to move straight up without even a pause. The Nasdaq Composite (NASDAQINDEX: ^IXIC) showed that again on Thursday, as gains from the morning session disappeared by midday, sending the ind...
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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...