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Benzinga
Benzinga
Business
Adam Eckert

What's Going On With Affirm Holdings Stock Today?

Affirm Jamie Dimon AFRM Nasdaq

Affirm Holdings Inc (NASDAQ:AFRM) shares are trading lower Wednesday amid a rise in yields. The 10-Year Treasury yield was hovering around 2.93% at press time.

Affirm shares are also seeing downward pressure amid overall market weakness surrounding continued Fed uncertainty. The Federal Reserve is in the midst of what is expected to be its most aggressive tightening cycle in more than 40 years as the central bank attempts to tame runaway inflation.

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