Affirm stock (AFRM) falls 21% after report shows losses: you can buy the dip here

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Affirm stock (AFRM) has continued with its three months long bear market after the recently released botched earnings that show that the ‘Buy now, pay later’ company has continued to incur more losses.

To help stock traders eying the AFRM stock, Invezz has created a brief article on what it is and the best places to buy it.

To find out more, please continue reading.

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What is AFRM stock?

AFRM stock is the stock of Affirm holdings Inc. and it trades on NASDAQ under the symbol NASDAQ: AFRM.

Affirm Holdings Inc. is a financial technology company that operates as a financial lender. It offers installment loans for consumers to use at the Point of sale (PoS).

Affirm has partnered with several influential companies in the recent past including Amazon and American Airlines making its stock one of the hottest stocks.

Should I buy the AFRM stock today?

If you are looking to take advantage of a stock whose price has largely dipped over the recent past, then the AFRM could be a good choice.

However, although most investors anticipate that the AFRM stock is heading for the oversold region it is not clear when the current dip shall come to an end.

Affirm Holdings stock price prediction

Analysts are still skeptical about whether the price of Affirm Holdings’ stock will be rising any time soon.

All indications are currently pointing to a continued fall at least in the coming days.

$AFRM stock social media coverage

Melvin Capital has 3,200,000 shares of $AFRM …which is continuing to get slaughtered… pic.twitter.com/La6s2VE0up

— Robby Brown (@robby_brown13) February 10, 2022

Inverse Cramer strikes again $AFRM pic.twitter.com/PZo8Syvhri

— Robby Brown (@robby_brown13) February 10, 2022

The post Affirm stock (AFRM) falls 21% after report shows losses: you can buy the dip here appeared first on Invezz.