Why Buy Now, Pay Later Stocks Are Falling

By Jose Najarro – Jun 2, 2022 at 6:30AM

NASDAQ: AFRM

Affirm

Market Cap

$10B

Today's Change

(-3.03%) -$0.98

Current Price

$31.32

Price as of May 16, 2024, 4:00 p.m. ET

Investors might be worried as interest rate hikes continue to be a topic of discussion.

Today's video focuses on Affirm Holdings (AFRM -3.03%) and recent articles highlighting the headwinds companies providing buy now, pay later solutions will have to overcome during the current macroeconomic trends.

*Stock prices used were the market prices of June 1, 2022. The video was published on June 1, 2022.

Jose Najarro has positions in Block, Inc. The Motley Fool has positions in and recommends Affirm Holdings, Inc. and Block, Inc. The Motley Fool has a disclosure policy. Jose is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.