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Affirm Plunges 14% — Punished for Klarna’s Sins?

Season 1 Episode 62 Published 11 months, 3 weeks ago
Description

Affirm stock just shed 14% in a single week, leaving investors baffled. The twist? The company actually crushed earnings, posting 34% revenue growth and a surprise profit. The problem isn't Affirm—it’s Klarna. Wall Street is terrified that Klarna’s reliance on "junk fees" will trigger a regulatory crackdown that drags the whole sector down.

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