In midday trading, Affirm’s stock had risen by more than 100%, changing hands at $99.17 per share. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. ... Another week, another big IPO. "Buy now, pay later" pioneer Affirm (NASDAQ:AFRM) was probably right to list now, and not later. And judging from Affirm's post-IPO surge, Mr. Market is also screaming "sign me up!". It's important to note that that Peloton Interactive (NASDAQ:PTON) is Affirm's biggest customer, representing 30% of its revenue in the most recent quarter. As an early mover in this industry, Affirm has benefited from these secular trends. In midday trading, Affirm’s stock had risen by more than 100%, changing hands at $99.17 per share. Revenue for the quarter ended Sep. 30 was $174 million, almost doubled from a year ago. Affirm serves two groups of customers: consumers and merchants. The successful prediction of Affirm Holdings stock future price could yield a significant profit. Log In. The Latest: AP: Federal executions likely superspreader. Data is currently not available. Equities researchers at Truist initiated coverage on shares of Affirm (NASDAQ:AFRM) in a report released on Monday, reports. Affirm has been growing rapidly, which is why its stock may be a hot investment when it hits the Nasdaq. You'll now be able to see real-time price and activity for your symbols on the My Quotes of The lead underwriters … #TradeTalks​: 4Q20 earnings season and an update on three potential rotation trades of 2021, #TradeTalks​: Monthly retail trading trends #IMX​ and the value of investor education, Investing Strategies: Chipotle CFO, ARK Invest, ThoughtSpot Share Insights, var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /(^[A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~][A-Z0-9!#$%&'\*\+\-\/=\?\^_`\{\|\}~\.]{0,62}@(([A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])?)(\.[A-Z0-9](?:[A-Z0-9\-]{0,61}[A-Z0-9])? Here's What Investors Should Know Affirm is riding on megatrends such as e-commerce and buy now, pay later. Merchant fees and interest income accounted for 50% and 37%, respectively, of Affirm's revenue of $509 million in fiscal 2020. 2,649,643 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 6,613,406 shares. In 2019, merchants using Affirm reported an AOV that was 85% higher than those using other payment methods. 10 stocks we like better than Affirm Holdings, Inc.When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. )+[a-z]{2,63}/i);}, failureMessage: "Value must not contain any URL's"});field5.add(Validate.Presence, {failureMessage:"This field is required"});field5.add(Validate.Length, {tooShortMessage:"Invalid length for field value", tooLongMessage: "Invalid length for field value", minimum: 4, maximum: 4});function handleFormSubmit(ele) { var submitButton = ele.querySelector('input[type=submit]'); var spinner = document.createElement('span'); spinner.setAttribute('class', 'loader'); submitButton.setAttribute('disabled', true); = 'wait'; submitButton.parentNode.appendChild(spinner); return true; }function resetSubmitButton(e){ var submitButtons ='submit-button'); for(var i=0;i