Affirm Holdings is trading at $69.11 (-4.11%), with the move apparently driven by broader risk-off trading.

  • Nasdaq is down 0.34% and S&P 500 is down 0.22%, leaving Affirm Holdings underperforming both benchmarks.
  • Loop Capital initiated coverage with a Buy rating and a $105 price target, a positive development that does not explain the decline.
  • No fresh negative company announcement, earnings update, or analyst downgrade was identified for September 9, 2026.