Affirm climbed after the consumer financing firm reported a smaller-than-expected fiscal Q3 loss while revenue and other financial metrics beat Wall Street targets.
Analysts at Mizuho Securities analysts suggest buying the dip. The stock was down 9.4% to $31.64, while the dropped 0.1%. For its third fiscal quarter, ended in March, Affirm reported a loss of 43 cents per share, much narrower than the 70-cent loss Wall Street expected.