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0 0 0 -0.000197005516154553 0.000591016548463239 -0.00453112687155248 -0.00776792750197008 -0.0114263199369583
Stock impact report

Affirm Stock Falls 33% YTD: Should Investors Buy the Dip Now? [Yahoo! Finance]

Affirm Holdings, Inc. - Class A (AFRM) 
Company Research Source: Yahoo! Finance
Shares of Affirm Holdings, Inc. AFRM have plunged 33.2% in the year-to-date period, underperforming the S&P 500's 1.2% drop and the industry's 10.6% decline. Even major buy now, pay later (BNPL) providers PayPal Holdings, Inc. PYPL and Klarna Group plc KLAR have lost 22.9% and 47.1%, respectively, during this time. Price Performance – AFRM, PYPL, KLAR, Industry & S&P 500 Zacks Investment Research Image Source: Zacks Investment Research What's Behind the Drop? Persistent inflation concerns, driven by geopolitical turmoil and rising worries about consumers' ability to repay debt have weighed on sentiment across the fintech sector. At the same time, intensifying competition in the BNPL market, particularly from Klarna and other fintech players, continues to pressure the space. Investors are also mindful that merchant partnerships can shift quickly, highlighted by Walmart's decision last year to replace Affirm with Klarna as its exclusive BNPL provider. Additionally, Affirm's r Show less Read more
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