I'm not sure what you're talking about to be honest. I think you've interpreted the SP history incorrect?
Nov 10 was when Affirm annoucement exactly what the deal was. The SP then went from 133 to 150, and stayed there for over a week.
If you're talking about the decline from about Nov 20 onwards, then Affirm has experienced an almost identical drop to what all payment companies have gone through. Including Zip, Square/Afterpay, Sezzle etc.
No one was spared in this downtrend and they all got destroyed.
I can't remember why though. Inflation or Covid? Either way, it's not an exclusive downtrend to Affirm. Same as how it's not exclusive to Zip... although many people would try and have you believe otherwise.
Also I don't think you're an idiot. However, it's annoying seeing people chalk things up to warrants and bonds as though they're responsible for everything negative. People rarely mention what the companies get in return for issuing these investment facilities. It pisses me off.
Z1P Price at posting:
$4.84 Sentiment: Hold Disclosure: Held
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