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Affirm shares surged after the buy now pay later leader delivered a strong quarterly earnings report and raised its long-term outlook. Fourth-quarter gross merchandise volume reached 14.1 billion dollars, while adjusted operating margins expanded past 30 percent. Looking ahead, Affirm projects fiscal 2027 gross merchandise volume to surpass 64 billion dollars, easily beating consensus estimates. Although the Seeking Alpha Quant rating remains at a hold due to valuation concerns, recent fundamental momentum highlights robust growth across its lending ecosystem.
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