Why Affirm Stock Lost 22% in November

·2 min read
Why Affirm Stock Lost 22% in November

Buy-now, pay-later company Affirm Holdings (NASDAQ: AFRM) lost 22% of its value in November, according to data from S&P Global Market Intelligence. The decline in the stock price was part of a broader drop across the fintech industry, as inflation took hold and fear of the omicron variant sent stock prices down. On Nov. 10, Affirm posted excellent results for the first fiscal quarter, ended Sept. 30.

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