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Becker Private Equity & Business Podcast

Affirm, Wayfair, & SoundHound 4-5-25

Sat, 05 Apr 2025

Description

In this episode, Scott Becker highlights a brutal week in the markets, spotlighting steep declines in stocks like Affirm, Wayfair, and SoundHound.

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Transcription

Chapter 1: Who is Scott Becker and what is this podcast about?

Chapter 2: Why are Affirm, Wayfair, and SoundHound stocks getting crushed?

Chapter 3: What is Affirm and how is it performing today?

0.229 - 27.641 Scott Becker

This is Scott Becker with the Becker Private Equity and Business Podcast. Today, we're going to touch briefly on Affirm, Wayfair, and SoundTown. So these have been some of the fascinating stocks to watch over some period of time. What they all have in common is that they're all getting just absolutely crushed today. Affirm is down about 20% today. I am glad I'm not a holder of Affirm.

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Chapter 4: What is Wayfair and why does Scott Becker like their store?

28.121 - 36.23 Scott Becker

It's the sort of payment plans company. Wayfair, which I love their store locally. I might be the only one in the family that does.

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36.85 - 59.109 Scott Becker

is down almost 18 today in soundtown which i cheer for the only reason i even know of soundtown is one of my buddies keeps on bragging about how much money he made in soundtown i've made none i'm not an investor they are now down 67 year to date uh but they're still up over the last 52 weeks 30 percent But that's a big comeuppance for them.

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59.129 - 81.966 Scott Becker

I also had a separate podcast, and I won't overdo it, on RH, down 16% today, down 40% yesterday. Again, those are some of the stocks we're watching. What a bloodbath in the markets. Again, you're listening to this on Saturday. I hope whatever you're doing on Saturday, you're not watching the markets, that you're enjoying yourself, you're relaxing a little bit, and you're plugging forward.

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81.986 - 98.142 Scott Becker

So that's today's discussion. Thank you for listening to the Becker Private Equity and Business Podcast. We hope to have better news for you next week. This week's been just a bloodbath and an absolutely horrendous, horrendous month. Thank you for listening to the Becker Private Equity and Business Podcast.

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