Affirm (AFRM) Falls 22% in a Month: Should You Buy the Dip?
AFRMAffirm(AFRM) ZACKS·2024-08-14 02:11

Affirm Holdings, Inc. (AFRM) shares have lost 21.6% in the past month compared with the industry’s 6.4% decline. It has also lagged the broader Zacks Business Services sector’s 4.3% fall and the S&P 500’s 5.5% dip in the said time frame. The company has been grappling with elevated operating costs, higher interest rates and intensified competition in the buy now, pay later (BNPL) space. It has a market cap of $7.8 billion. Image Source: Zacks Investment Research Closing at $25.17 in the last trading session ...