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-0.00140165352816774 -0.00134589502018843 0.000384541434339474 0.00230724860603725 0.00192270717169764 0.00721015189386656 -0.00092097673524333 -0.00547971543933866
Stock impact report

Affirm Holdings (AFRM): Among the Best Fintech Stocks to Buy According to Billionaires [Yahoo! Finance]

Affirm Holdings, Inc. - Class A (AFRM) 
Company Research Source: Yahoo! Finance
Tech stocks have faced challenges lately, and fintech companies have been hit particularly hard. On March 10, CNBC reported that the Nasdaq experienced its biggest drop since 2022 with financial technology companies being some of the biggest losers. These companies included stock trading apps and cryptocurrency exchanges, which suffered due to a drop in Bitcoin prices. Bitcoin declined by nearly 5%, continuing a downward trend. The leading cryptocurrency has fallen 19% over the past month. READ ALSO: 10 Cheap Technology Stocks to Buy According to Hedge Funds and 10 Worst Performing Crypto Stocks to Buy Now Beyond crypto, other fintech sectors like online lenders and payments companies also suffered. These companies also declined more than the broader market. Fintech analysts point to declining consumer confidence as a potential challenge, especially for companies that rely on consumer spending. In February, the Conference Board's consumer confidence index fell to 98.3, falling Show less Read more
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