Connect with us

Business

Affirm doubles after starting to trade despite strong IPO pricing – TechCrunch

Today shares of Affirm, a buy-now-pay-later unicorn, started trading above $90 per share, far above its $49 per-share IPO price, a figure that was already miles…

Published

on

post featured image
ADVERTISEMENT

Today shares of Affirm, a buy-now-pay-later unicorn, started trading above $90 per share, far above its $49 per-share IPO price, a figure that was already miles above the companys early expectations.
The pop comes after Affirm raised its pricing range earlier this week, to $41 to $44 per share, up from an initial range of $33 to $38 per share. To see the company double from its raised price implies strong demand for its shares, a thin float, or both.
Affirms explosive debut comes on the heels of…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

post featured image
Tesla CEO Elon Musk announces $100 million donation for the best carbon capture technology – Electrek.co
post featured image
Biden Learns to Love Brett Kavanaugh – The Wall Street Journal
post featured image
Jane Krakowski denies undercover romance with MyPillow CEO Mike Lindell – Page Six