19 days ago • Posted by William Ramstein
Affirm: time to buy now, or pay later? BoA upgrades to buy--short interest still 29% of float
The buy now pay later company has seen shares fall 34% this year as the company faces several headwinds including a struggling Peloton--Affirm's largest merchant. Furthermore, Affirm is a high growth and high-multiple stock which tends to do badly during times of rising interest rates.