10 Stocks Bear the Brunt of Trade Threats

4. Affirm Holdings Inc. (NASDAQ:AFRM)

Affirm Holdings lost 7.84 percent of its value on Tuesday to close at $57.01 apiece following news that its director, Keith Rabois, disposed of a significant portion of his ownership in the company.

In a regulatory filing, Rabois said he sold a total of 16,088 shares of AFRM’s common stock at prices ranging between $61.73 and $66.40 apiece for a total amount of $1.03 million.

Following the sell-off, Rabois’s ownership in the company now stands at 61,520.

According to a report from Zacks Research, AFRM recently broke out above its 50-day moving average, suggesting a short-term bullish trend.

Zacks also gave AFRM a “strong buy” rating on expectations that it could be poised for a potential surge.