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

Generated by AI AgentAinvest Market Brief
Thursday, May 15, 2025 8:11 pm ET1min read

On May 15, 2025,

(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

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,

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.

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