Why did Affirm Holdings stock go up today?
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Affirm Holdings (NASDAQ:AFRM) shares jumped almost 5% on Thursday despite another volatile day of trading, with both the S&P 500 and Dow Jones closing lower for the fifth straight session.
Shares of the Buy Now, Pay Later provider are also ticking up 0.6% in after-hours trading.

Perhaps part of the reason why Affirm (AFRM) rallied intraday was its move to partner with SeatGeek, a ticket platform that lets users buy and sell tickets for live events, to provide fans with flexible payment options.
Affirm (AFRM) shares, meanwhile, outshined its BNPL rivals by a wide margin, including PayPal (PYPL) -2.5%, Visa (V) +0.9%, Mastercard (MA) +0.4%, Block (SQ) -2.7% and PROG Holdings (PRG) -3.1%.
Note that SA's Quant Rating warned investors towards the end of June that Affirm (AFRM) stock is at high risk of performing badly due to decelerating momentum and inferior profitability.
Earlier this week, (July 11) Affirm stock slid as Goldman pointed to regulatory, funding and credit risks.