24/06/2022 09:24

Affirm Holdings (AFRM US) $US19.27

After peaking last November AFRM has crashed over 90% in a move reminiscent of the Dot.Com bubble i.e. just because a company said they were going to expand into the BNPL market didn’t mean the roads would be paved with gold although AFRM remains a $US6.2bn goliath in the space. This is now a space that has the jitters, the question today is will the previously hot lithium space follow in the footsteps of bitcoin and the BNPL space?

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31/08/2021 09:35

Affirm Holdings (AFRM US)

Over the weekend Affirm Holdings (AFRM US) and Amazon.com (AMZN US) announced a partnership that allows consumers to buy big ticket items (over $US50) in instalments, the result being that Affirm soared over 45% in one session! This is e-commerce goliath AMZN’s first partnership with a BNPL company which led to an understandable overnight...

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15/07/2021 09:22

Will the BNPL stocks follow the lithium path?

The news out of the US on Tuesday night was pretty much all bad for the domestic and US BNPL space with speculation rife that tech goliath Apple Inc (AAPL US) was developing a “Buy now Pay later” product, the current main US player Affirm (AFRM US) has now fallen over 12% on the news over the last 2-days with a lack of bounce overnight a poor sign for the Australian players this morning.

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07/05/2021 09:35

Affirm Holdings (AFRM US) $US54.44

New US stock in the sector AFRM fell another ~5% last night, as it continues to make fresh post float lows, not a great read through for today’s local sector which has previously been valued by many by comparison with US names in the sector.

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