Venture Capital
January 14, 2021 7:37 AMIt's the latest multibillion-dollar tech company to start trading significantly higher than its IPO price. : NEW YORK (Bloomberg) - Affirm Holdings almost doubled in its public market debut, the latest multibillion-dollar technology company to start trading significantly higher than its initial public offering price. Shares of the San Francisco-based company, which provides installment loans to online shoppers, closed up 98 per cent to US$97.24 in New York trading after rising as much as 110 per cent earlier on Wednesday (Jan 13).

In this article