Affirm shares are trading lower amid overall market weakness as Treasury yields rise.
Portfolio Pulse from Benzinga Newsdesk
Affirm shares are trading lower due to overall market weakness and rising Treasury yields.

April 02, 2024 | 3:29 pm
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Affirm's stock price is experiencing a downturn influenced by broader market weakness and an uptick in Treasury yields.
Affirm's stock price decline is directly attributed to the overall market weakness and the rise in Treasury yields. As Treasury yields rise, investors often shift away from stocks to bonds, leading to a decrease in stock prices. Given that this news specifically mentions Affirm, it's likely to have a significant impact on its stock price in the short term.
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IMPORTANCE 75
RELEVANCE 90