Affirm soars as strong holiday shopping powers BNPL lender's surprise profit
(Reuters) -Affirm shares jumped 22.8% on Friday, as a strong holiday shopping season helped the buy now, pay later lender post a surprise quarterly profit and forecast upbeat annual revenue. More consumers used its BNPL services to take advantage of heavy discounts by retailers on everything from apparel to electronics to lure budget-conscious shoppers during the holiday season.