Affirm Stock Is Popping on News of Amazon Contract Renewal. How Much Higher Can AFRM Go?

Affirm (AFRM) stock closed nearly 12% higher on Dec. 16 after the financial technology company said Amazon (AMZN) has renewed its partnership with it for five more years. The announcement marks a crucial victory for AFRM as the e-commerce giant serves as one of its most important distribution channels and revenue resources. More News from Barchart Despite the rally, Affirm stock is down some 20% versus its year-to-date high set in August. www.barchart.com Significance of Amazon Partnership for Affirm ...