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BNPL player Affirm sees share price tumble after poor annual forecast

August 26, 2022

Via: Charged

Buy now, pay later company Affirm has watched its shares tumble 11% in morning trading after posting a disappointing full-year revenue forecast.

There has been a mixed picture for tech stocks and how they have dealt with rising rates of inflation and geopolitical tensions.

Affirm has been hit by poor investor confidence as billions of dollars have been shaved off the company’s market cap and shares are down nearly 70% so far this year.

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