Affirm Stock Is Soaring. There’s a Bigger Amazon Deal and Earnings Beat Estimates.

 Affirm Stock Is Soaring. There’s a Bigger Amazon Deal and Earnings Beat Estimates.

Affirm Holdings stock is trading sharply higher late Wednesday, reversing losses in the day’s regular session, on an expanded relationship with Amazon.com 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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