Affirm shares surge 34% and head for best day in three years after earnings beat
Publishing timestamp: 2024-08-29 13:32:33
Summary
Affirm shares surged after beating expectations in earnings report, with stock on pace for best day in almost three years. Company reported narrower-than-expected loss and set goal to achieve operating profitability by fiscal fourth quarter of 2025. Analysts see potential for growth with new Apple Pay partnership.
Sentiment: POSITIVE
Tickers: AAPL, SHOP, AMZN, AFRM,
Keywords: energy, technology, business news, fintech, apple inc, affirm holdings inc, cryptocurrency, amazon.com inc, bitcoin, shopify inc,