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Tag: AFRM
Affirm Stock Drops. Company Slashes 19% of Jobs After Earnings Miss.
Affirm Holdings, a buy-now, pay-later fintech, is slashing 19% of its workforce after missing expectations for both its second fiscal quarter and its immediate outlook. Founder and CEO Max Levchin sai...
Affirm to lay off 19% of staff, stock tanks after earnings disappointment
Affirm Holdings Inc. announced plans to cut 19% of its staff Wednesday following an earnings report in which the buy-now-pay-later company came up shy with both its results and outlook. “The root caus...
Affirm earnings: What to expect from the buy-now-pay-later company
After robust growth for buy-now-pay-later services in the prior holiday season, Affirm Holdings Inc. is still expected to have increased its top line in the most recent December quarter, but at a much...
Stock Market Looks Poised to Rally as Bond Yield Falls
Text size Michael Nagle/Bloomberg The worst may be over for the stock market. Key equity indexes continued their autumn rally, and there could be more gains before the end of the year, helped by conti...
AFRM Stock Under the Dilemma of Bearish Plunge or Bullish Jump?
San Francisco based fintech company, Affirm Holdings has not been through any major development or turbulence, AFRM stock price tumbled though. Recently there was no specific news within the industry ...
Affirm Looks Weak Ahead of Earnings
In our August 26 review of Affirm (AFRM) we wrote that “The charts and indicators of AFRM are weak and traders should avoid the long side for now. Maybe later…” With AFRM scheduled...
It’s Time to Buy Tech Again. Here Are 20 Stocks to Start With.
One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite’s terrible September—it was down 10.5% on the...
AFRM Stock Collapses On Wide Misses And As One Key 2023 Metric Lags
Affirm Holdings (AFRM) reported a wider-than-expected loss for its June quarter late Thursday and issued a partially disappointing fiscal 2023 outlook, leading AFRM stock to collapse. X The Street was...
Affirm stock (AFRM) falls 21% after report shows losses: you can buy the dip here
Affirm stock (AFRM) has continued with its three months long bear market after the recently released botched earnings that show that the ‘Buy now, pay later’ company has continued to incur more losses...
Affirm Faces Competition. J.P. Morgan Starts Coverage With Neutral Rating.
Text size Affirm is set to report its quarterly earnings after the closing bell Thursday Courtesy Affirm “Buy now pay later” company Affirm is poised to continue its growth, fueled by an increase in c...