Affirm Holdings, Inc. (AFRM) in San Francisco is a digital and mobile-first commerce platform in the United States and Canada. Its platform includes a POS payment solution for customers, merchant commerce solutions, and a consumer-focused app. The company recently announced a multi-year renewal of its partnership with Shopify (SHOP), a provider of key internet infrastructure for commerce in the United States. The arrangement establishes AFRM as the exclusive pay-over-time supplier for Shop Pay Installments in the United States.
However, the stock is down 50.9% in price over the past year and 38.3% over the past month to close its last trading session at $23.71. In addition, the stock is currently trading 86.6% below its 52-week high of $176.65.
