• Affirm extends its 2-day post-IPO surge to 160%

    1 day ago - By Business Insider

    Summary List Placement Affirm extended its two-day post-IPO streak on Thursday as shares surged 31% at intraday highs.
    The stock has now skyrocketed as much as 160% since it began trading publicly on Wednesday.
    CEO Max Levchin said in a prepared video address after the IPO that more than 6 million consumers have used Affirm to pay-over-time since its founding.
    He also noted over 6,500 vendors have used the online lending platform to help drive sales, and the company has done all this without "charging a penny" in late fees or hidden interest.
    The online lender has seen over $10 billion in...
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