Volumes

Affirm extends its 2-day post-IPO surge to 160%

5 days ago   |   By Business Insider

Summary List Placement Affirm extended its two-day post-IPO streak on Thursday as shares surged 31% at intraday highs.
The stock has now skyrocketed as much as 160% since it began trading publicly on Wednesday.
CEO Max Levchin said in a prepared video address after the IPO that more than 6 million consumers have used Affirm to pay-over-time since its founding.
He also noted over 6,500 vendors have used the online lending platform to help drive sales, and the company has done all this without "charging a penny" in late fees or hidden interest.
The online lender has seen over $10 billion in...
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Affirm's huge IPO pop - Citi wealth shakeup - Bank earnings sneak peek

Affirm's huge IPO pop - Citi wealth shakeup - Bank earnings sneak peek

5 days ago   |   By Business Insider

Max Levchin, Affirm CEO
Getty
Stop me if you have heard this before: A high-profile tech startup with a well-known founder went public, and the stock went ballistic. Affirm made its public debut Wednesday. As is the case with other recent tech IPOs, the stock surged once trading began, rising as much as 110% above its initial offering price of $49. We're written a lot about the IPO market exploding in recent months, but some of those stories are worth revisiting around why the IPO market is so hot and how Airbnb and DoorDash failed to reinvent the process. If you're not yet a subscriber...
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After 98% IPO Pop, 3 Risks To Buying Affirm Stock

5 days ago   |   By Forbes

While Affirm's buy now, pay later lending service is growing fast, its shares are priced for perfection
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Gumroad has no full-time employees, meetings, or deadlines - and the company...

Gumroad has no full-time employees, meetings, or deadlines - and the company still made $11 million and grew 85% year-over-year. Here's how they did it

Summary List Placement I started Gumroad in 2011. In 2015, we reached a peak of 23 full-time employees. In 2016, after failing to raise more money, I ended up back where I... Read more ...

Yellen pushes GOP senators on $1.9 trillion relief package

Yellen pushes GOP senators on $1.9 trillion relief package

WASHINGTON - Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its... Read more ...

The Latest: Canada expects reduction in vaccine deliveries

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Trump Administration Declares China's Repression Of Uighurs 'Genocide'

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Secretary of State Mike Pompeo said China committed “genocide and crimes against humanity” toward Uighur Muslims. Read more ...

US stocks climb amid stimulus optimism ahead of Yellen hearing

US stocks climb amid stimulus optimism ahead of Yellen hearing

Summary List Placement US stocks rose on Tuesday as investors await Treasury Secretary nominee Janet Yellen's confirmation hearing in which she's expected to urge Congress to... Read more ...

Billionaire Chamath Palihapitiya says he's working on private funding for a...

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Summary List Placement Billionaire Chamath Palihapitiya tweeted on Tuesday that he's working on private funding for a new climate investment. He did not specify further about... Read more ...

UK: 'Genocide' clause to China trade deals narrowly defeated

UK: 'Genocide' clause to China trade deals narrowly defeated

LONDON - British Prime Minister Boris Johnson narrowly avoided a defeat in Parliament on Tuesday after lawmakers voted against a controversial proposal seeking to bar trade... Read more ...

Vacation Rentals Peaked in 2020, Should Hotels Be Worried? - By Jeremy Razook

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The vacation rental space peaked in 2020 in the United States. According to Google Trends, “vacation rentals” saw its most popularity this year than it had seen over the last... Read more ...

The Latest: UK records more than 90K COVID-19 deaths

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LONDON - The U.K. has recorded more than 90,000 coronavirus-related deaths, just ten days after it passed the 80,000 threshold. Read more ...

BlackBerry jumps 20% after settling patent dispute with Facebook

BlackBerry jumps 20% after settling patent dispute with Facebook

Summary List Placement BlackBerry shares spiked as much as 20% Tuesday after the company announced it settled a patent infringement suit with Facebook. The terms of the... Read more ...