This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
In the current market session, Affirm Holdings Inc. (NASDAQ: AFRM) share price is at $78.01, after a 0.09% spike. Moreover, over the past month, the stock fell by 12.86%, but in the past year, spiked by 88.83%.
AFRM stock is positioned to benefit from Fed rate cuts as lower interest rates make its financing options more attractive, potentially driving earnings growth.
Shares of buy now, pay later company Affirm (NASDAQ:AFRM) fell 2.1% in the morning session after the stock's negative momentum continued as the company's Chief Executive Officer, Max R Levchin, disclosed the sale of a substantial number of shares.
Shares of buy now, pay later company Affirm (NASDAQ:AFRM) fell 3.1% in the morning session after an SEC filing revealed that co-founder and major shareholder Maksim Levchin planned to sell a large block of shares.
Growth is oxygen.
But when it evaporates, the consequences can be severe - ask anyone who bought Cisco in the Dot-Com Bubble or newer investors who lived through the 2020 to 2022 COVID cycle.
Unprofitable companies face headwinds as they struggle to keep operating expenses under control.
Some may be investing heavily, but the majority fail to convert spending into sustainable growth.
Shares of buy now, pay later company Affirm (NASDAQ:AFRM) jumped 5.4% in the afternoon session after a consensus of financial analysts raised their average 12-month price target on the stock.
U.S. markets closed higher on Tuesday, buoyed by fresh labor data signaling a cooling job market—potentially paving the way for Fed rate cuts. Nebius soared nearly 50% on a multibillion-dollar AI-cloud partnership with Microsoft, stealing the show. Meanwhile, Apple’s iPhone 17 Air launch didn’t land well with investors.
