Buy-Now-Pay-Later Trend Is Booming; Here's A Stock To Ride It
It appears that the market may have already priced in the assumed future growth of the buy-now-pay-later trend and Affirm Holdings.
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It appears that the market may have already priced in the assumed future growth of the buy-now-pay-later trend and Affirm Holdings.
Affirm Holdings, Inc. (NASDAQ: AFRM) shares traded lower on Wednesday. The stock pulled back from recent strength seen on Tuesday.
Affirm Holdings, Inc. (NASDAQ: AFRM) shares traded higher on Wednesday. The stock has been trending up over the past month.
Some of Tuesday's biggest calls featured upgrades on an aerospace giant and a key player in the buy now, pay later space.
Last month’s credit card data indicates an ongoing deterioration of credit quality, as the average charge-off rate has climbed above 2019 levels.