What's Going On With Fintech Company Affirm Holdings Stock On Wednesday?
Portfolio Pulse from Anusuya Lahiri
Affirm Holdings (AFRM) has partnered with Brittain Resorts & Hotels to offer flexible payment options for hotel guests, allowing them to pay over time for purchases over $150. Affirm reported a 35% growth in travel and ticketing transactions last quarter. The stock has gained over 106% in the last 12 months and is trading higher by 6.04% to $35.84. Investors can also gain exposure through Vanguard Small-Cap ETF (VB) and Vanguard Total Stock Market ETF (VTI).
June 12, 2024 | 4:22 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
American Airlines is mentioned as part of Affirm's network, but the news does not directly impact American Airlines' stock.
American Airlines is mentioned as part of Affirm's network, but the news does not directly impact American Airlines' stock.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 10
NEUTRAL IMPACT
Apple is mentioned as Affirm's payment products will soon be available to Apple Pay users in the U.S.
Apple is mentioned in the context of Affirm's payment products being available to Apple Pay users. This is a positive development for Affirm but has a limited direct impact on Apple's stock.
CONFIDENCE 85
IMPORTANCE 30
RELEVANCE 20
NEUTRAL IMPACT
Amazon is mentioned as a significant retailer in Affirm's network, but the news does not directly impact Amazon's stock.
Amazon is mentioned as part of Affirm's network, but the news does not directly impact Amazon's stock.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 10
NEUTRAL IMPACT
PayPal Holdings is indirectly mentioned as the company co-founded by Max Levchin, who founded Affirm Holdings.
PayPal is only indirectly mentioned in the context of its co-founder Max Levchin. The news does not directly impact PayPal's stock.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 10
POSITIVE IMPACT
Affirm Holdings has partnered with Brittain Resorts & Hotels to offer flexible payment options, reporting a 35% growth in travel transactions. The stock is up 6.04% to $35.84.
The partnership with Brittain Resorts & Hotels and the reported growth in travel transactions are positive indicators for Affirm's business model. The stock's recent performance and the 6.04% increase in price reflect investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Investors can gain exposure to Affirm Holdings through the Vanguard Small-Cap ETF.
The news highlights that investors can gain exposure to Affirm Holdings through the Vanguard Small-Cap ETF, which could positively impact the ETF's performance.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 30
POSITIVE IMPACT
Investors can gain exposure to Affirm Holdings through the Vanguard Total Stock Market ETF.
The news highlights that investors can gain exposure to Affirm Holdings through the Vanguard Total Stock Market ETF, which could positively impact the ETF's performance.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 30