Affirm Holdings Securities Investigation
Our securities attorneys are investigating reports that Affirm Holdings, Inc. may have made false and misleading statements to investors in connection with a February 10, 2022 tweet concerning its fiscal quarter which ended December 31, 2021. The tweet is alleged to have drastically overstated its prospective quarterly results.
Did you purchase or acquire Affirm Holdings, Inc. shares on February 10, 2022? Speak to a lawyer.
Protect your rights by speaking with a Girard Sharp investment fraud attorney. Call us toll-free at (866) 981-4800 or submit your information below:
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More Details on the Affirm Holdings Investigation
Affirm Holdings, Inc. posted a tweet on February 10, 2022 regarding its financial results from its fiscal quarter which ended on December 31, 2021. The tweet came from the company’s official account and contained metrics from its upcoming planned release of quarterly results. These metrics indicated a very successful quarter and a 77% increase in revenue. Affirm’s share price went up nearly 10% as a result.
The tweet was then deleted and Affirm released its full fiscal quarter financial results, showing a loss of $0.57 per share. With this news, Affirm’s share price fell $24.89 per share from an intra-day high of $83.57 per share to close at $58.68 per share on February 10, 2022. This substantial drop in Affirm’s share price caused losses for many investors.
Did you purchase Affirm Holdings securities on February 10, 2022?
You may have a legal claim. Speak to an investment fraud attorney about your rights by calling 1.866.981.4800 or filling out the form at the top of the page.
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