Catalyst Watch: Meta Platforms talks AI, Nike earnings and Huawei chip drama
Seeking Alpha News (Fri, 22-Sep 3:00 PM ET)
Affirm Holdings (NASDAQ:AFRM) Craters After Looking Into Subscription Services
TipRanks (Thu, 21-Sep 2:39 PM ET)
Affirm Holdings (NASDAQ:AFRM) Craters as It Considers Subscription Service
TipRanks (Thu, 21-Sep 2:39 PM ET)
Affirm Holdings explores subscription service offering 0% APR on purchases - report
Seeking Alpha News (Thu, 21-Sep 1:48 PM ET)
Affirm Holdings explores subscription service to lock in 0% APR on purchases - report
Seeking Alpha News (Thu, 21-Sep 1:48 PM ET)
Benzinga (Thu, 21-Sep 1:16 PM ET)
AFRM Bearish Calendar Put Spread Looks Cheap at 33 Cents
Market Chameleon (Tue, 19-Sep 11:32 AM ET)
Affirm to Webcast CFO Fireside Chat on September 28, 2023
Business Wire (Mon, 18-Sep 4:05 PM ET)
AFRM Bullish Calendar Call Spread Appears to be a Bargain at 40 Cents
Market Chameleon (Mon, 18-Sep 11:52 AM ET)
Affirm Partners With Booking.com to Offer Travelers Increased Flexible Payment Options
Business Wire (Thu, 7-Sep 9:00 AM ET)
Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a majority share of its revenue from the United States.
Affirm Holdings - Class A trades on the NASDAQ stock market under the symbol AFRM.
As of September 25, 2023, AFRM stock price climbed to $20.22 with 17,133,094 million shares trading.
AFRM has a beta of 3.78, meaning it tends to be more sensitive to market movements. AFRM has a correlation of 0.41 to the broad based SPY ETF.
AFRM has a market cap of $6.05 billion. This is considered a Mid Cap stock.
Last quarter Affirm Holdings - Class A reported $446 million in Revenue and -$.69 earnings per share. This beat revenue expectation by $40 million and exceeded earnings estimates by $.16.
The top ETF exchange traded funds that AFRM belongs to (by Net Assets): VTI, VB, VBK, VXF, SCHA.
AFRM has underperformed the market in the last year with a price return of +1.1% while the SPY ETF gained +17.2%. However, in the short term, AFRM had mixed performance relative to the market. It has outperformed in the last 3 months, returning +35.8% vs -0.6% return in SPY. But in the last 2 weeks, AFRM shares have been beat by the market, returning -10.0% compared to an SPY return of -2.6%.
AFRM support price is $19.32 and resistance is $21.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AFRM stock will trade within this expected range on the day.