Affirm shares soar 16% on revenue beat, surprise profit during holiday period
Max Levchin, co-founder of PayPal and chief executive officer of financial technology company Affirm, arrives at the Sun Valley Resort for the annual Allen & Company Sun Valley Conference, in Sun Valley, Idaho.Affirm shares jumped 16% Friday after the buy now, pay later company topped Wall Street's fiscal second-quarter revenue forecast and posted a surprise profit during a strong holiday shopping period.Earnings came in at 23 cents per share, ahead of the 15-cent per share loss expected by analysts polled ...