Why Affirm Shares Are Rising

Shares of software companies, including Affirm Holdings Inc AFRM, are trading higher in sympathy with PagerDuty Inc PD which gained following a strong third-quarter earnings report.

PagerDuty reported quarterly losses of 7 cents per share which beat the analyst consensus estimate of a loss of 9 cents per share. The company also reported quarterly sales of $72 million which beat the analyst consensus estimate of $70.04 million by 2.8%.

See Also: What's Going On With Insignia Systems Stock Today?

Affirm offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions and a consumer-focused app.

Affirm has a 52-week high of $176.65 and a 52-week low of $46.50.