Why shares of Affirm Holdings were down over 16% in July
Why shares of Affirm Holdings were down over 16% in July
But shares promptly regained that lost ground on Monday after Square announced the purchase of Affirm peer Afterpay.
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What happened
Wild fluctuations in the share price of fintech company
Affirm Holdings (NASDAQ:AFRM) continue. After skyrocketing in value following its IPO in January, Affirm has been trending downwards, and a widespread tech growth-stock sell-off in the spring didn t help. Shares were down 16.4% during the month of July, valuing the buy-now, pay-later company at a market cap of just over $17 billion at the end of the month.
Affirm-holdings
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