Affirm Holdings stock (NASDAQ:AFRM) had made some significant gains last week but it has once again dipped following the reduction of its price target by Doley from $180 to $140.
Although the Affirm Holdings stock has become a hot stock after the firm partnered with Amazon in August this year, and its price has more than tripled since its IPO price, the stock has been on a slippery ground since the start of November.
Nonetheless, most investors believe the current pullback is short-lived and the stock will be back on its bullish trend.
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?
Yes. Most investors expect the AFRM stock to get back on its feet very soon and buying the dip could be a good investment strategy.
Affirm Holdings stock price prediction
Affirm Holdings’ stock price is expected to start rising in a few days after correcting the current dip.
$AFRM stock social media coverage
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