Affirm’s Rollercoaster: Profit Milestone, Insider Sell-Off & Big BNPL Bets – What’s Next for AFRM?
Affirm Holdings shares fell 8% to $82.73 on September 23 after CEO Max Levchin disclosed plans to sell about $58 million in stock, following $54 million in sales the prior month. The company posted a surprise Q4 profit, with EPS of $0.20 and revenue of $876 million, and announced new partnerships with Apple Pay, ServiceTitan, and Vagaro. Shares remain up over 50% year-to-date.