Lone Pine Capital Reduces $312M in Affirm Holdings, Inc. ($AFRM)
Key Points
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Lone Pine Capital reduced its position in Affirm Holdings, Inc. ($AFRM), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 0 shares of Affirm Holdings, Inc. after selling 3,817,170 shares during the quarter.
Affirm Holdings, Inc. Stock Up 5.1%
Shares of Affirm Holdings, Inc. ($AFRM) traded around $81.74 on Saturday, up 5.1% for the day.
Affirm Holdings, Inc. Earnings
Analysts Set New Price Targets
About Affirm Holdings, Inc.
Affirm Holdings, Inc. operates payment network in the United States, Canada, and internationally. Its platform offers pay-over-time solutions at checkout for both consumers and merchants. The company's commerce platform, agreements with originating banks, and capital markets partners enables consumers to pay for a purchase over time. It has active merchants covering small businesses, large enterprises, direct-to-consumer brands, brick-and-mortar stores, and companies with an omni-channel presence. The company's merchants represent a range of industries, including electronics; equipment and auto; fashion and beauty; general merchandise; home and lifestyle services; sporting goods and outdoors; and travel and ticketing. Affirm Holdings, Inc. was founded in 2012 and is headquartered in San Francisco, California.
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