TELETRADER News
8/27, 11:15 PM (Source: TeleTrader)
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Affirm shares soar 40% on Amazon deal

Shares of fintech company Affirm skyrocketed 40% in after-hours trading on Friday after the company announced a partnership with Amazon.com Inc.

The partnership will enable Amazon customers to pay in installments by splitting purchases of $50 or more into monthly payments.

Affirm rallied 39.84% to $94.90 at 5:11 pm ET, while Amazon traded flat after hours.

Breaking the News / NP