On November 11, Affirm Holdings, Inc. fell 5.01% in Regular Trading, trading at $64.62 per share, with turnover of $167 million.

The move followed renewed focus on credit performance after the company’s 30-day delinquency rate rose to 2.9%, up 9 basis points from a year earlier and 35 basis points from the prior quarter, offsetting the positive effect of stronger-than-expected quarterly results and an increased full-year GMV outlook.

Affirm previously reported fiscal Q1 revenue of $1.26 billion versus market expectations of $1.21 billion, EPS of $0.47 versus expectations of $0.38, and guided fiscal Q2 revenue to $1.435 billion-$1.465 billion, above consensus. It also lifted its fiscal-year GMV target to above $65.25 billion. However, recent coverage indicated investors remained more sensitive to the deterioration in late-payment trends than to the earnings upside.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)