Buy-now, pay-later company Affirm Holdings (NASDAQ: AFRM) lost 22% of its value in November, according to data from S&P Global Market Intelligence. The decline in the stock price was part of a broader drop across the fintech industry, as inflation took hold and fear of the omicron variant sent stock prices down. On Nov. 10, Affirm posted excellent results for the first fiscal quarter, ended Sept. 30.
JPMorgan's CEO is concerned the US economy could be in for a repeat of the stagflation that hampered the country during the 1970s.
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The Lions' new uniforms got released prematurely.
You don't see an ejection like this every day.
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