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Kiplinger
Kiplinger
Business
Joey Solitro

Affirm Nears Profitability and Wall Street Is Cheering

Affirm BNPL Max Levchin AFRM GAAP Wedbush
Closeup of Affirm's buy now, pay later website on a laptop.

Affirm Holdings (AFRM) stock is up by more than 30% at last check in Thursday's session after the leading buy now, pay later (BNPL) company beat top- and bottom-line expectations for its fiscal fourth quarter and issued a strong outlook for the quarter ahead.

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