Affirm Gains 42% Year to Date: Should You Buy Now or Hold the Stock?
Affirm(AFRM) ZACKS·2024-12-13 03:05
Affirm Holdings, Inc.’s (AFRM) shares have gained 42.3% in the year-to-date period compared with the industry’s 22.3% growth. It has also outperformed the broader Zacks Business Services sector’s 21.8% rise and the S&P 500’s 27.3% increase in the said time frame. The company has been benefiting on the back of an expanding buy-now-pay-later (BNPL) market, advanced risk assessment technology and merchant partnership growth. It has a market cap of $22 billion. Closing at $69.93 in the last trading session, the ...