In This Article:
All was looking brighter than expected for fintech company Affirm (AFRM) after it reported fiscal third-quarter earnings this morning — it saw revenue skyrocket by over 51% annually and narrowed its losses per share — until its stock made a U-turn intraday. Affirm shares have fallen by as high as 10% in Wednesday's session. Who or what is to blame? Possibly Shopify (SHOP), according to analysts.
Market Domination Anchors Julie Hyman and Josh Lipton deep dive into these two stocks that are finding themselves under pressure after reporting earnings.
For more expert insight and the latest market action, click here to watch this full episode of Market Domination.
This post was written by Luke Carberry Mogan.