Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
Shares of Affirm Holdings Inc (NASDAQ:AFRM) were climbing in early trading on Thursday, after dropping more than 9% on Wednesday, after the company reported its fiscal third-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JPMorgan On Affirm Holdings Analyst Reginald Smith upgraded the rating from Neutral to Overweight, while raising the price target from $41 to $43. The steep decline in Affirm's shares on Wednesday, despite the company pos
Affirm's (AFRM) Q3 results gain from increased transactions in the general merchandise category, partly offset by a significant level of provision for credit losses. It expects GMV to be within $6.75-$6.95 billion for fiscal Q4 2024.