Affirm stock drops after BNPL company announces plans for convertible offering [Yahoo! Finance News]
Affirm Holdings, Inc. - Class A (AFRM)
Company Research
Source: Yahoo! Finance News
Affirm Holdings Inc. said Thursday that it intends to offer $1.25 billion in convertible notes. The company plans to use the proceeds for general corporate purposes and to help fund future growth initiatives. The notes would be due in 2026 and Affirm anticipates that it will grant initial purchasers the option to buy up to an additional $187.5 million of notes on the same terms within a 13-day period starting when the notes get first issued. Shares of Affirm are off 4.4% in premarket trading Thursday. The buy-now pay-later company's stock has rocketed 135% over the past three months as the S&P 500 has risen about 7%.
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AFRM
News
- Affirm: Acceleration Across The Board [Seeking Alpha]Seeking Alpha
- Affirm to Announce Third Quarter Fiscal Year 2024 Results on May 8, 2024Business Wire
- Affirm Holdings, Inc. (NASDAQ: AFRM) had its price target lowered by analysts at Barclays PLC from $50.00 to $41.00. They now have an "overweight" rating on the stock.MarketBeat
- Affirm Holdings (AFRM) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- Affirm Holdings: Hard To Win Against Block, PayPal And Klarna, Amid Substantial Losses [Seeking Alpha]Seeking Alpha
AFRM
Earnings
- 2/8/24 - Miss
AFRM
Sec Filings
- 4/12/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- AFRM's page on the SEC website