Affirm Stock Falls Wednesday As Fed Signals Higher Inflation Outlook
Affirm Holdings stock is feeling bearish pressure. Why is AFRM stock falling?Affirm Falls As Fed Signals Higher Inflation OutlookThe cautious macro backdrop appeared to pressure growth-oriented and rate-sensitive names, with broader equity indexes also moving lower after the announcement. For Affirm, the combination of elevated inflation expectations, a still-restrictive rate environment and weaker appetite for higher-multiple technology stocks may have contributed to the afternoon pullback.Affirm Analysts ...