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Affirm Stock Jumps On Walmart Partnership

Shares of Affirm Holdings jumped after the buy-now-pay-later provider expanded a partnership with Walmart to offer the pay-over-time service at the retailer’s self-checkout kiosks.

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The stock was up more than 15% in recent trading to above $50, lifting the shares to a year-to-date rise above 400%—though it’s still down substantially from November 2021 highs near $170.

The company’s buy-now-pay-later service will be rolled out at kiosks at more than 4,500 stores in the U.S. Affirm said the service is also available via Walmart’s website and app.

Image: Affirm