Affirm Holdings Inc (NASDAQ: AFRM) topped off the earnings season for “buy now, pay later” and lending stocks with a disappointing report Wednesday — a possible indicator that the upcoming reports for other stocks in the sector may be just as sour.
U.S. stocks turned lower midway through trading, with the Dow Jones dropping around 50 points on Thursday.
The Dow traded down 0.15% to 33,897.48 while the NASDAQ fell 0.12% to 11,896.28. The S&P 500 also fell, dropping, 0.17% to 4,110.99.
Silvergate Capital Corp (NYSE: SI) shares are trading lower by 6.10% to $16.33 Thursday morning. Silvergate Capital is trading lower amid ongoing volatility in the name following a Bloomberg report last week suggesting U.S.
U.S. stocks traded higher this morning, with the Dow Jones jumping around 250 points on Thursday.
The Dow traded up 0.75% to 34,204.99 while the NASDAQ rose 1.15% to 12,047.28. The S&P 500 also rose, gaining, 0.75% to 4,148.69.