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

Affirm Holdings banal is trading sharply higher precocious Wednesday, reversing losses successful the day’s regular session, connected an expanded narration with Amazon.com and stronger-than-expected fiscal results for the “buy now, wage later” concern company’s fiscal archetypal 4th ended Sept. 30. 

For the quarter, Affirm (ticker: AFRM) posted gross of $269.4 million, up 55% from a twelvemonth ago, and good up of the company’s guidance scope of $240 cardinal to $250 million. Gross merchandise worth (GMV) successful the 4th was $2.7 billion, beating...