KEY POINTS
  • Affirm stock dropped on Thursday after the company reported fiscal second-quarter results ahead of schedule.
  • Affirm is one of several hot "buy now, pay later" companies, which offer short-term and low-interest loans to users when they buy consumer goods online.

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The Affirm website home screen is displayed on a laptop in an arranged photograph taken in Little Falls, New Jersey, on Dec. 9, 2020.

Affirm stock dropped 21% to a share price of $58.68 on Thursday after the company reported second-quarter results ahead of schedule.

Here's how the company did versus Refinitiv consensus expectations for the quarter ending in December:

In this article