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-0.000523217789404922 -0.0014388489208633 -0.00274689339437533 -0.00130804447351202 0.00313930673642897 0.00248528449967296 -0.00300850228907788 -0.00300850228907788
Stock impact report

Jim Cramer Says Affirm Is “Trading Like That Great Quarter Never Happened” [Yahoo! Finance]

Affirm Holdings, Inc. - Class A (AFRM) 
Company Research Source: Yahoo! Finance
The Mad Money host said: “A little over a month ago, we got a really impressive quarter from Affirm Holdings, the buy now, pay later powerhouse… [It] posted a 12-cent earnings beat off an 11% basis with much higher than expected revenue. The stock shot up more than 11% the next day, reaching a high of $79 and change a couple of days later. Since then, though, Affirm has gradually drifted lower because of concerns about the state of the consumer to the point where it's now back to $65 and change, trading like that great quarter never happened. I think that's crazy because the Fed just cut interest rates again last week and even before that, we got a ton of very positive quarters from all sorts of retailers, suggesting the consumer's doing fine.” Photo by Chris Liverani on Unsplash Affirm Holdings, Inc. (NASDAQ:AFRM) provides a digital payment platform that enables consumers to pay for purchases over time through its point-of-sale solutions and app. An investing club member commen Show less Read more
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