Business
Is the Affirm share price dragging ASX BNPL shares lower?
ASX-listed buy now, pay later (BNPL) shares have opened lower across the board on Thursday. Whilst the S&P/ASX All Technology Index (ASX: XTX) is slumping 1.16% lower at the time of writing, some ASX BNPL shares are faring considerably worse.
Could the overnight performance of the Affirm Holdings Inc (NASDAQ: AFRM) share price be partially to blame?
Why does the Affirm share price matter?
Global equity markets have the tendency to move in tandem and be affected by each other’s performances. For example, a significant sell-off in the US market overnight will typically see ASX futures lose ground or open weaker than expected.
Shares that are listed in different markets but operate in the same sector or with similar business…
-
Noosa News20 hours agoLaidley e-scooter death: Tragic new details after Summah Richards killed in freak accident
-
General20 hours agoEaster drowning toll in NSW rises after fisherman swept off rocks in Sydney’s south
-
General21 hours agoMinjee Lee rallies after third-round meltdown to share fifth place at LA Championship
-
General15 hours agoUkraine says Russia has ramped up attacks despite ‘Easter truce’