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Affirm
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Affirm Rallies 5% on Friday, Seen as Technical Unwind Without New Catalyst
Affirm Holdings (NASDAQ:AFRM) stock surged 5% to $71.14 midday Friday, clawing back some ground lost earlier in the week. The rally is attributed to a technical unwind of midweek oversold conditions r
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Fintech stocks show mixed performance: SoFi fell 3% to $17.50, Affirm dropped 5% to $68.75, and Robinhood remained flat.
Fintech stocks were sold off in Wednesday afternoon trading, impacted by risk-off sentiment. SoFi Technologies (NASDAQ:SOFI) fell 3% to $17.50, with the market ignoring positive news such as reports o
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Affirm shares rose 6% to $73.82 after Bank of America raised its price target to $104; Sezzle and PayPal gained 4% and 3% respectively.
Shares of installment lender Affirm surged 6% on Wednesday after Bank of America raised its price target from $93 to $104, maintaining a "Buy" rating. Meanwhile, Sezzle shares rose 4% and PayPal gaine
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Affirm Shares Drop 4% on Monday as Post-Earnings Rally Unwinds, Despite Q4 GMV Surging 36% and Revenue Rising 33% to $1.17 Billion
Affirm Holdings (NASDAQ:AFRM) stock fell to $74.51, unwinding much of the gain from its fiscal fourth-quarter report released on Thursday, August 27. The company's gross merchandise volume (GMV) for t
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Affirm stock surges 7% on strong Q4 earnings and Q1 outlook, CEO Max Levchin notes high gas prices are impacting U.S. shoppers
The buy now, pay later firm reported fiscal fourth-quarter revenue of $1.17 billion, beating the LSEG estimate of $1.11 billion. Affirm also expects fiscal first-quarter revenue of $1.19 billion to $1
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Affirm shares surged 10% after reporting record quarterly profits, while Klarna shares rose 6% and Sezzle shares gained 2% amid collapsed acquisition talks with PayPal.
Affirm Holdings' stock surged to $85.01 after reporting its fiscal fourth-quarter earnings, which CEO Max Levchin described as the company's "most profitable quarter ever." Meanwhile, Klarna Group plc
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SoFi shares climb 6% to $18.66, Upstart jumps 8% to $31.58, and Affirm rises 7% to $78.55, as fintech names rebound after long-end Treasury yields fall.
The rebound in fintech stocks follows a sharp retreat in long-end Treasury yields, which tend to benefit consumer lenders and high-multiple growth names. The 10-year Treasury yield fell 5 basis points
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Affirm Rallies 5% on Friday, Seen as Technical Unwind Without New Catalyst
Affirm Holdings (NASDAQ:AFRM) stock surged 5% to $71.14 midday Friday, clawing back some ground lost earlier in the week. The rally is attributed to a technical unwind of midweek oversold conditions r
-
Fintech stocks show mixed performance: SoFi fell 3% to $17.50, Affirm dropped 5% to $68.75, and Robinhood remained flat.
Fintech stocks were sold off in Wednesday afternoon trading, impacted by risk-off sentiment. SoFi Technologies (NASDAQ:SOFI) fell 3% to $17.50, with the market ignoring positive news such as reports o
-
Affirm shares rose 6% to $73.82 after Bank of America raised its price target to $104; Sezzle and PayPal gained 4% and 3% respectively.
Shares of installment lender Affirm surged 6% on Wednesday after Bank of America raised its price target from $93 to $104, maintaining a "Buy" rating. Meanwhile, Sezzle shares rose 4% and PayPal gaine
-
Affirm Shares Drop 4% on Monday as Post-Earnings Rally Unwinds, Despite Q4 GMV Surging 36% and Revenue Rising 33% to $1.17 Billion
Affirm Holdings (NASDAQ:AFRM) stock fell to $74.51, unwinding much of the gain from its fiscal fourth-quarter report released on Thursday, August 27. The company's gross merchandise volume (GMV) for t
-
Affirm stock surges 7% on strong Q4 earnings and Q1 outlook, CEO Max Levchin notes high gas prices are impacting U.S. shoppers
The buy now, pay later firm reported fiscal fourth-quarter revenue of $1.17 billion, beating the LSEG estimate of $1.11 billion. Affirm also expects fiscal first-quarter revenue of $1.19 billion to $1
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Affirm shares surged 10% after reporting record quarterly profits, while Klarna shares rose 6% and Sezzle shares gained 2% amid collapsed acquisition talks with PayPal.
Affirm Holdings' stock surged to $85.01 after reporting its fiscal fourth-quarter earnings, which CEO Max Levchin described as the company's "most profitable quarter ever." Meanwhile, Klarna Group plc
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SoFi shares climb 6% to $18.66, Upstart jumps 8% to $31.58, and Affirm rises 7% to $78.55, as fintech names rebound after long-end Treasury yields fall.
The rebound in fintech stocks follows a sharp retreat in long-end Treasury yields, which tend to benefit consumer lenders and high-multiple growth names. The 10-year Treasury yield fell 5 basis points
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Affirm
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