Shares of Affirm rose Wednesday after the company announced a deal to make its buy now, pay later services available at Costco.com.

Affirm's (AFRM) shares, recently up nearly 5%, were at prices last seen in March after bouncing off April lows, though still down for the year. The company said its deal with Costco Wholesale (COST) was a multiyear pact that would let shoppers make digital purchases over time after a "quick, real-time eligibility check."

The news marks the latest partnership announced by Affirm, whic𝔉h in recent months has also announced pacts with companies like Mattress Firm, World Market and Sto✱ckX.

The recent rise in Affirm's shares has the stock trading at above $56. Wall Street analysts, who are mostly bullish according to Visible Alpha data, have an average price target just a bit above $67, reflecting a roughly 10% premium to the company's close at the end of 2024.

Costco 澳洲幸运5开奖号码历史查询:earlier this month said April sales rose 7% year-over-year, with U.S. store traff༒ic rising 5%. Analysts said members, seeking value, are shifting more of their shopping to Costco.