Since the pre-release of second-quarter earnings in February, Affirm Holdings' stock has lost roughly half of its value.
The "buy now, pay later" company continues to struggle.

Why Affirm Holdings Tanked 34.7% in February

02:47pm, Wednesday, 02'nd Mar 2022
The company posted strong revenue growth in the fourth quarter, but expenses grew even faster.
Investors are finally starting to think about the sustainability of many tech companies' business models.
NEW YORK, March 1, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Affirm Holdings, Inc. (NASDAQ: AFRM) on
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Affirm Holdings, Inc. (“Affirm” or the “Company”) (NASDAQ: AFRM) securities on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 p.m. EST (the “Class Period”). Affirm investors have until April 29, 2022 to file a lead plaintiff motion. If
RADNOR, Pa., March 01, 2022 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP ( www.ktmc.com ) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California against Affirm Holdings, Inc. (“Affirm”) ( NASDAQ: AFRM ). The action charges Affirm with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of Affirm’s materially misleading statements to the public, Affirm’s investors have suffered significant losses.
NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Affirm Holdings, Inc. (NASDAQ: AFRM) on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 P.M. EST (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than Apri
Affirm Holdings Inc. - Class A Common Stock''s (NASDAQ: AFRM ) short percent of float has risen 13.45% since its last report. The company recently reported that it has 12.77 million shares sold short , which is 7.0% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.1 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock … Full story available on Benzinga.com
Affirm Holdings, Inc. (NASDAQ:AFRM) with the stream of 1.24% also noticed, India New Oriental Education & Technology Group Inc. (NYSE:EDU) encountered a rapid change of -2.08% in the last hour … The post Stock with sudden spurt in volumes: Affirm Holdings, Inc. (NASDAQ:AFRM), New Oriental Education & Technology Group Inc. (NYSE:EDU) appeared first on Stocks Equity .
Should investors be paying more attention to these fintech stocks?
Ukraine is known as the breadbasket of Europe. The country — second-largest on the continent after Russia — has also produced several notable entrepreneurs through the years. As the Russian invasion of Ukraine brings the latter into sharp focus of the world, here are some people from the country that have made a difference in the realm of technology in recent times. Jan Koum: WhatsApp, now owned by Meta Platforms Inc (NASDAQ: FB ), was founded by Jan Koum. He was born in Kyiv and grew up in Fastiv and moved to the United States at age 16. In 2014, Facebook purchased WhatsApp for $19 billion in a cash and shares deal, according to a BBC report . See Also: How To Buy Facebook (FB) Shares Max Levchin: A co-founder of Paypal Holdings Inc (NASDAQ: PYPL ), Max Rafailovych Levchin, was born in Kyiv. Levchin is an early investor in Yelp but has also donned the robes of either a founder or co-founder in Slide.com, HVF Labs and Affirm Holdings, Inc (NASDAQ: AFRM ). Vlad … Full story available on Benzinga.
Affirm reported a decent FQ2 card but offered a hugely underwhelming FQ3 guidance. Its guidance underscored the viability of its underlying thesis.
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