Connect with us

Business

Affirm stock rockets 90% after IPO – MarketWatch

Company makes lending products that let people make online purchases in installments

Published

on

post featured image
ADVERTISEMENT

Affirm Holdings Inc. shares are surging about 90% in midday trading Wednesday after the financial-technology company made its public debut. Shares of Affirm
AFRM,
+99.35%
opened at $90.90 Wednesday after listing on the Nasdaq, with the first trade coming at 12:20 p.m. ET. The company priced its initial public offering at $49 a share late Tuesday, above an already raised range of $41 to $44 a share. The company raised at least $1.2 billion through the offering. Underwriters have access to an overallotment…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

post featured image
Toyota fined $180 million for 10 years of noncompliance with EPA regs – Ars Technica
post featured image
Norway warns frail patients over 80 of vaccine risks after deaths | TheHill – The Hill
post featured image
Big banks Q4 earnings beat: can trading remain this strong in 2021? – Yahoo Finance