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SHOP May 2024 71.000 put
| Previous close | 8.23 |
| Open | 7.65 |
| Bid | 7.35 |
| Ask | 9.05 |
| Strike | 71.00 |
| Expiry date | 2024-05-10 |
| Day's range | 7.40 - 10.25 |
| Contract range | N/A |
| Volume | |
| Open interest | 933 |
- Yahoo Finance Video
Affirm stock sinking, Good Buy or Goodbye: Market Domination
Stocks (^DJI, ^IXIC, ^GSPC) search for direction ahead of Wednesday's market close with the Dow Jones Industrial Average holding in the green. After topping fiscal third-quarter revenue estimates and narrowing expected losses per share, Affirm shares (AFRM) are now sinking in the afternoon and analysts have an idea of what the cause is. Tripadvisor (TRIP), Teva Pharmaceutical Industries (TEVA), and Dutch Bros (BROS) are also reporting earnings. Defiance ETFs CEO and CIO Sylvia Jablonski joins Market Domination for the latest installment of Yahoo Finance's Good Buy or Goodbye to talk about the latest trend in clean energy investing: Uranium. Dine Brands (DIN) CEO John Peyton — whose company owns IHOP and Applebee's — discusses consumer spending patterns at his restaurants. This post was written by Luke Carberry Mogan.
Barrons.comAffirm Stock Fell Nearly 10% After Earnings. Why J.P. Morgan Says to Buy.
When Affirm Holdings took a tumble on Wednesday despite a great quarterly report at the consumer-lending company, Mizuho Securities analysts saw a buying opportunity. J.P. Morgan analysts Reginald Smith and Charles Pearce upgraded shares of Affirm to Overweight from Neutral and lifted their target for the price to $43 from $41 in a Thursday report titled “Not Letting a Good Sell Off Go to Waste.” “Following a fantastic F3Q with better than expected GMV and an upbeat outlook, AFRM is trading lower in sympathy with SHOP, which is seeing a -19% decline in the stock amid soft guidance and operating expense concerns,” Mizuho analysts wrote on Wednesday.
ZacksShopify Slumps on Downbeat Q2 Outlook: ETFs in Focus
The cloud-based, multi-channel commerce platform Shopify (SHOP) slumped about 18.6% on May 8 on downbeat outlook.
