Recently, Zacks.com users have been paying close attention to Affirm Holdings (AFRM). This makes it worthwhile to examine what the stock has in store.
Affirm's (AFRM) partnership with FlightHub is expected to provide transparent and flexible payment options to eligible travelers.
A trio of payment stocks were trading lower Wednesday after the Consumer Financial Protection Bureau issued an interpretive rule that confirms “buy now, pay later” lenders are credit-card providers. Affirm Holdings dropped 6.7%, while PayPal Holdings slipped 3.2%, and Block fell 5.9% in afternoon trading. BNPL lenders “must provide consumers some key legal protections and rights that apply to conventional credit cards,” according to the CFPB.