Affirm Holdings Trading Volume Drops 30.65% Ranking 349th Amid Securities Fraud Probe

On April 14, 2025, Affirm Holdings (AFRM) saw a trading volume of $253 million, marking a 30.65% decrease from the previous day. The stock closed with a 0.72% increase, ranking 349th in the day's trading volume.

Pomerantz LLP has initiated an investigation into potential securities fraud or other unlawful business practices by Affirm Holdings, Inc. and certain of its officers and/or directors. The investigation follows a significant announcement by Klarna, which replaced Affirm as the exclusive provider of Buy Now, Pay Later loans for Walmart ahead of its initial public offering in the U.S. This news led to a notable decline in Affirm's stock price over the following two trading sessions.