Affirm dips after Klarna replaces it in Walmart partnership

ReutersMar 17, 2025 12:04 PM

Shares of buy now, pay later co Affirm AFRM.O slides ~11.84% to $44.15 premarket, after announcement that rival Klarna is replacing co in Walmart WMT.N partnership

Swedish payments firm Klarna says it is partnering with consumer finance app OnePay to offer installment loans for purchases at retail giant Walmart in the U.S.

11 of 21 brokerages rate AFRM stock "buy" or higher, 10 "hold"; their median PT is $75.50 - LSEG data

As of last close, stock down ~17.8% YTD

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