Affirm ( AFRM ) Stock price declines due to Klarna downward guidance
2026-08-25 22:51:43
According to CoinMeta, on August 18th, the stock price of Affirm Holdings fell by 1.3% due to Klarna lowering its trading volume and revenue forecasts for 2026. As a result, Klarna's stock price plummeted by over 22%. Klarna expects the total annual commodity trading volume to be between $149 billion and $151 billion, which is lower than the previous forecast of $155 billion, and the revenue forecast is between $4.08 billion and $4.16 billion, down from $4.34 billion. Despite this, Klarna reported a 27% increase in revenue for the second quarter, with overall trading volume rising by 18%. Affirm's stock price rebounded by 5.1% in subsequent trading. Affirm will release its financial report on August 27th, and the market is watching to see if it can gain market share from the slowdown of its competitors.
Source:Internet
This content is for market information only and does not constitute investment advice.
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