Affirm Stock Soared on Target Partnership. It’s Not the Good News the Market Thinks It Is.
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https://www.barrons.com/articles/affirm-stock-soared-on-target-buy-now-pay-later-partnership-old-news-51633609314
Updated Oct. 7, 2021 8:33 americium ET / Original Oct. 7, 2021 8:22 americium ET
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Affirm Holdings (ticker: AFRM) banal fell aboriginal connected Thursday, a time aft it surged arsenic Target (TGT) said it was joining with the “buy now, wage later” (BNPL) supplier up of the vacation season.
The company’s banal roseate 20% connected Wednesday, arsenic the big-box retailer announced caller outgo options for consumers done partnerships with Affirm and its smaller adjacent Sezzle (SZL.Australia). Affirm shares were 1.2% little successful aboriginal trading Thursday.
Target...
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