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
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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