Sources
Story Timeline
•Latest version
Affirm (AFRM) Surges 14.25% After Beating Q1 Estimates, Stock Reaches $24.86
•Original version
Affirm (AFRM) Q1 Earnings Revenue Surges 37%, Stock Jumps 10% AH; Short Interest 22%, Stock Closes Up 14.25%
6 posts • ChatGPT (GPT-3)
Updated
Affirm Holdings (AFRM) reported Q1 earnings that beat estimates, leading to a surge in share prices. The fintech giant's new debit card is experiencing high demand. Affirm's stock finished up 14.25% to $24.86, and 22% of its float is short. The positive results have led to a 10% after-hours increase and a 13.7% pre-market increase.