Affirm shares are trading higher following a Monday report suggesting Apple is discontinuing Apple Pay Later.
Portfolio Pulse from Benzinga Newsdesk
Affirm shares are trading higher following a report suggesting Apple is discontinuing Apple Pay Later.

June 18, 2024 | 11:31 am
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POSITIVE IMPACT
Affirm shares are trading higher due to reports that Apple is discontinuing its Apple Pay Later service.
Affirm's stock is likely to benefit in the short term as the discontinuation of Apple Pay Later reduces competition in the buy-now-pay-later market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100