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Omicron’s rapid spread shreds budding recovery in air travel
Shopify Inc. (SHOP)
After hours:
- Motley Fool
Why Affirm Stock Lost 22% in November
Buy-now, pay-later company Affirm Holdings (NASDAQ: AFRM) lost 22% of its value in November, according to data from S&P Global Market Intelligence. The decline in the stock price was part of a broader drop across the fintech industry, as inflation took hold and fear of the omicron variant sent stock prices down. On Nov. 10, Affirm posted excellent results for the first fiscal quarter, ended Sept. 30.
- Motley Fool
Will Affirm Be a Trillion-Dollar Stock by 2030?
It went public in January at $49 per share, opened at $90.90 on the first day, and currently trades at nearly $120, which gives it a market cap of nearly $30 billion. Can Affirm disrupt traditional credit card companies? Affirm's primary goal is to disrupt traditional credit card companies.
- Motley Fool
Will Shopify Be a Trillion-Dollar Stock by 2040?
While the rate of growth may have eased up after last year's meteoric spurt as locked-down individuals launched their own start-ups at a record pace, expansion is reverting to a more normalized and sustainable pace for the long term. Founded in 2004, Shopify went public 11 years later. At around $1,470 per share today, Shopify is a $182 billion company that's valued at 43 times this year's sales, or what Wall Street says makes it fully valued at this level.
