U.S. Stock Market News | Affirm surges over 4.6% after receiving a rating upgrade from Bank of America
On Tuesday, Affirm Holdings' stock price rose, up over 4.6% to $28.11 as of the time of publication. Prior to this, Bank of America upgraded the rating of this "buy now, pay later" financing service provider from "neutral" to "buy", citing that the company appears to be able to achieve profitability faster than market expectations under GAAP guidelines
According to the Wise Finance APP, on Tuesday, Affirm Holdings (AFRM.US) saw its stock price rise, with the stock up over 4.6% to $28.11 at the time of publication. Prior to this, Bank of America upgraded the rating of this "buy now, pay later" financing service provider from "Neutral" to "Buy", citing that the company appears to be able to achieve profitability faster than market expectations under GAAP standards