markets
AFRM -2.57% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
AFRM cracking lower while the broad market rallies — divergence alert.
Affirm is down 2.57% to $74.79 intraday as SPY holds a +0.39% gain, making this a stock-specific move, not macro-driven selling. Fintech peer SOFI is flat to slightly green at $18.155, reinforcing that pressure is isolated to AFRM. No sector rotation or rate catalyst explains the divergence here.
Watch: $74.79 is the current line — a break and hold below $74.00 opens a test of the $72 area. If AFRM reclaims $76.58 (prior close) before the 4:00 PM close, the intraday selloff fades as a shakeout.