Affirm Stock Is Soaring. There’s a Bigger Amazon Deal and Earnings Beat Estimates.

2 years ago 377

Affirm Holdings banal is trading sharply higher precocious Wednesday, reversing losses successful the day’s regular session, connected an expanded narration with Amazon.com and stronger-than-expected fiscal results for the “buy now, wage later” concern company’s fiscal archetypal 4th ended Sept. 30. 

For the quarter, Affirm (ticker: AFRM) posted gross of $269.4 million, up 55% from a twelvemonth ago, and good up of the company’s guidance scope of $240 cardinal to $250 million. Gross merchandise worth (GMV) successful the 4th was $2.7 billion, beating...

Read Entire Article