All articles tagged with #affirm holdings
Affirm Holdings saw a 15% increase in its stock price as it expanded its buy now, pay later (BNPL) relationship with Walmart. The BNPL option will now be available to shoppers using Walmart's self-checkout kiosks, in addition to being offered online and at Walmart Vision and Auto Centers. Research conducted by Affirm indicated that a majority of customers wanted the BNPL choice at checkout.
U.S. stocks ended lower on Monday as investors took a pause after the Thanksgiving holiday, while retailers attracted bargain hunters with Cyber Monday deals. Affirm Holdings surged as its "buy now, pay later" option hit an all-time high, boosting online holiday sales. Crown Castle International also gained as activist investor Elliott Investment Management sought changes at the wireless tower owner. The Dow Jones Industrial Average fell 0.16%, the S&P 500 lost 0.20%, and the Nasdaq Composite dropped 0.07%.