Bulletin
Investor Alert

Market Pulse Archives

Oct. 27, 2021, 9:45 a.m. EDT

Affirm stock gains after company nabs buy-now, pay-later deal with American Airlines

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Affirm Holdings Inc. Cl A (AFRM)
  • X
    American Airlines Group Inc. (AAL)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Emily Bary

Shares of Affirm Holdings Inc. /zigman2/quotes/223715966/composite AFRM +3.19% are up 4.7% in Wednesday morning trading after the company announced that it will be working with American Airlines Group Inc. /zigman2/quotes/209207041/composite AAL -8.79% to provide buy-now pay-later options for the company's customers. Affirm will be the "exclusive monthly buy now, pay later provider" for aa.com, the American Airlines website, according to a press release. This is the first time that American Airlines has integrated buy-now pay-later options on the aa.com site, Affirm's release said. Customers will be able to use Affirm for airfare costing at least $50 and select from payment options ranging from three to 12 months. Affirm shares have gained 168% over the past three months as the S&P 500 /zigman2/quotes/210599714/realtime SPX -2.27% has risen about 4%.

/zigman2/quotes/223715966/composite
US : U.S.: Nasdaq
$ 136.98
+4.23 +3.19%
Volume: 5.11M
Nov. 26, 2021 1:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$39.12 billion
Rev. per Employee
$530,447
loading...
/zigman2/quotes/209207041/composite
US : U.S.: Nasdaq
$ 17.75
-1.71 -8.79%
Volume: 84.18M
Nov. 26, 2021 1:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$11.49 billion
Rev. per Employee
$168,812
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,594.62
-106.84 -2.27%
Volume: 2.10B
Nov. 26, 2021 2:12p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.