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Affirm stock sinks as loss more than triples

Por: MarketWatch Politics May 09, 2023

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The results beat reduced expectations across the board. Analysts on average were predicting a loss of 85 cents a share on sales of $370 million and gross volume of $4.45 billion, according to FactSet. Despite topping expectations, Affirm shares sank more than 8% in after-hours trading following the release of the results, after gaining 3% to $12.30 in the regular session. The stock — which traded for triple digits through much of the second... + full article



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