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BUZZ-Affirm dips after Klarna replaces it in Walmart partnership

Reuters
2025/03/17
BUZZ-Affirm dips after Klarna replaces it in Walmart partnership

** 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

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

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