Affirm shares are trading higher after the company announced an expanded partnership with Amazon.com, making Affirm the first pay-over-time option available at checkout on Amazon Business.
Portfolio Pulse from Benzinga Newsdesk
Affirm has announced an expanded partnership with Amazon.com, making it the first pay-over-time option available at checkout on Amazon Business. This has led to a rise in Affirm's share prices.
November 02, 2023 | 3:18 pm
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NEUTRAL IMPACT
Amazon.com has expanded its partnership with Affirm, making Affirm the first pay-over-time option available at checkout on Amazon Business.
While the expanded partnership with Affirm is a positive development for Amazon, offering more payment options to its customers, it's unlikely to have a significant impact on Amazon's share price in the short term due to the size and diversity of Amazon's business.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Affirm's shares are trading higher after the announcement of its expanded partnership with Amazon.com.
The expanded partnership with Amazon.com, a major e-commerce player, is a significant development for Affirm. This partnership makes Affirm the first pay-over-time option at Amazon Business checkout, which could potentially increase Affirm's user base and revenue. This positive news has led to an increase in Affirm's share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100