Check out the companies making headlines in midday trading. Affirm Holdings – The stock popped nearly 7% following the announcement that its buy now, pay later loans will be embedded into Apple Pay as an option for purchases. U.S. Apple Pay users on iPhones and iPads will be able to use the option later this year, the company said in a filing. General Motors – The automaker's stock added about 2% after announcing a $6 billion share repurchase program.
Shopify – Shares rose 1% after JPMorgan initiated the e-commerce company with an overweight rating, saying the beaten-down stock is an "online sale you don't want to miss." The firm said Shopify's product breadth, ease of use, and scale are unique competitive advantages that will fuel its growth. DXC Technology – Shares were relatively flat after Reuters reported that Apollo Global and Kyndryl Holdings are making a joint bid for the IT services firm.
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