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Affirm Had a Great Quarter. Its Stock Is Tumbling ‘in Sympathy’ With Shopify.

Affirm Had a Great Quarter. Its Stock Is Tumbling ‘in Sympathy’ With Shopify.

Analysts at Mizuho Securities analysts suggest buying the dip. The stock was down 9.4% to $31.64, while the dropped 0.1%. For its third fiscal quarter, ended in March, Affirm reported a loss of 43 cents per share, much narrower than the 70-cent loss Wall Street expected.