Reported 1 day ago
Affirm Holdings, Inc. (NASDAQ:AFRM) saw its stock drop by 8.49% to $51.75 after the company's CEO, Max Levchin, reported a disappointing outlook for the year, citing lower revenues from its 0% APR installment products. The decline came as investors reacted to mixed market conditions following recent earnings reports, causing AFRM to rank among the stocks with the largest losses on Wall Street.
Source: YAHOO