Affirm Holdings Trading Volume Drops 39.62% to $505 Million Ranking 197th in Market

On May 15, 2025, Affirm Holdings (AFRM) experienced a significant decline, with its trading volume dropping by 39.62% to $505 million, placing it at the 197th position in the day's stock market rankings. The company's stock price fell by 8.49%.

Affirm has recently expanded its partnerships to enhance its pay-over-time services. The company has joined forces with Costco and Mattress Firm, offering flexible and transparent payment plans for purchases over $500. This collaboration allows approved Costco members to choose from personalized monthly payment plans for purchases ranging from $500 to $17,500. This strategic move is expected to increase Affirm's market reach and customer base, potentially driving future growth.

Additionally, Affirm has entered into a multi-year partnership with Costco Wholesale Corporation, naming Affirm as the pay-over-time provider for Costco.com in the U.S. This partnership aims to provide Costco's online shoppers with a convenient and flexible payment option, further solidifying Affirm's position in the buy now, pay later market.