Affirm Stock Is Soaring. Theres a Bigger Amazon Deal and Earnings Beat Views. – Barrons

Affirm Holdings stock is trading sharply higher late Wednesday, reversing losses in the day’s regular session, on an expanded relationship with and stronger-than-expected financial results for the “buy now, pay later” finance company’s fiscal first quarter ended Sept. 30. 

For the quarter, Affirm (ticker: AFRM) posted revenue of $269.4 million, up 55% from a year ago, and well ahead of the company’s guidance range of $240 million to $250 million. Gross merchandise value (GMV) in the quarter was $2.7 billion, beating…

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