Affirm Holdings Hits Day High with 11.61% Surge in Stock Price

Affirm Holdings, Inc. has experienced significant activity today, with the stock surging 11.61% and reaching an intraday high of USD 73.91. This mid-cap finance company has demonstrated robust performance metrics, particularly over the past year, where it has achieved a remarkable 50.89% return, significantly outperforming the S&P 500's 12.65% during the same period.
The company's financial health is underscored by a notable growth in net sales of 32.95%, alongside impressive quarterly results that have shown consistent positive trends for six consecutive quarters. Affirm's operating cash flow reached a peak of USD 793.92 million, while pre-tax profit surged by 489.39% to USD 45.4 million, and net profit increased by 447% to USD 43.91 million.

With a return on equity of 4.36% and a price-to-book ratio of 6.61, Affirm Holdings continues to position itself strongly within the finance sector. The stock's performance over the last three years has been particularly noteworthy, with a staggering 371.02% increase, further solidifying its status as a reliable performer in the market.