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Affirm stock heads higher as company notches BNPL deal with Amazon in Canada

affirm stock heads higher as company notches bnpl deal with amazon in canada

Shares of Affirm Holdings Inc. AFRM, -6.17% were up more than 3% in premarket trading Thursday after the company announced that it would launch a buy-now-pay-later option on Amazon.com Inc.’s AMZN, -1.54% site in Canada. The company already has a relationship with Amazon in the U.S. Affirm noted in a Thursday press release that eligible Canadian Amazon shoppers will be able to split purchases into monthly installments on purchases of $50 or more. Shares of Affirm have lost 79% so far this year as the S&P 500 SPX, -0.60% has declined 20%.

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