Morgan Stanley has upgraded Affirm Holdings Inc. AFRM, a payment network operator in the U.S. and Canada, as the company has started implementing strategies to attract higher-income users.
Morgan Stanley sees the “buy now, pay later” company Affirm attracting more higher-income users. It upgraded shares to Equal Weight from Underweight.
Affirm Holdings Inc. AFRM is a fintech offering buy-now-pay-later (BNPL) options for consumers to finance their purchases, enabling merchants to generate additional sales that otherwise may not have been made. The transactions are a win-win for consumers and the merchants, while Affirm is the middleman facilitating the financing.
CNBC's Jim Cramer explains why he is keeping an eye on shares of Affirm Holdings.
Affirm Holdings Inc. NASDAQ: AFRM is a fintech offering buy-now-pay-later (BNPL) options for consumers to finance their purchases, enabling merchants to generate additional sales that otherwise may not have been made. The transactions are a win-win for consumers and the merchants, while Affirm is the middleman facilitating the financing.
Affirm Holdings (AFRM) concluded the recent trading session at $38.50, signifying a -1.41% move from its prior day's close.
Affirm Holdings, Inc. (NASDAQ:AFRM ) Special Call September 30, 2024 10:00 AM ET Company Participants Michael Linford - COO & CFO Conference Call Participants Katie Perry - After Earnings Katie Perry I'm Katie Perry, and this is After Earnings. The show brought to you by Morning Brew and Stakeholder Labs.
In this episode of After Earnings, COO & CFO of Affirm Michael Linford sits down with Katie to reflect on the outstanding Q2 performance for the popular Buy Now, Pay Later company. Linford shares the secret sauce that contributes to Affirm's rapid growth and areas of opportunities to seize, such as key partnerships with Amazon and Apple.
In recent years, high short-interest stocks have become the playground for retail traders and investors, leading to massive rallies and squeezes. These speculative names, driven by a combination of social media buzz and perceived market inefficiencies, showcase extreme volatility, providing traders with an opportunity to profit from short squeezes.
Affirm Holdings (AFRM) closed at $41.16 in the latest trading session, marking a -1.15% move from the prior day.
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