AFRM - What's Going On With Affirm Stock After Earnings? | Benzinga
Affirm Holdings, Inc. (NASDAQ:AFRM) shares closed lower Wednesday. The company reported its third-quarter financial results before the market open.
The Details: Affirm reported quarterly losses of 43 cents per share which beat the analyst estimates and revenue of $576 million, beating the consensus estimate of $549.42 million.
JP Morgan analyst Reginald Smith reiterated Affirm with a Neutral rating following the print.
The stock fell on heavy volume Wednesday with more than 20 million shares traded in the session, according to data from Benzinga Pro.
Affirm shares up are slightly after-hours at $31.90, but remain near session lows and below the stock’s 50-day ...