Affirm Holdings Inc (NASDAQ: AFRM) reported $364.1 million in sales for its fiscal fourth quarter, missing the consensus estimate of $365 million in sales, and a loss of 65 cents per share, significantly worse than Street expectations of a loss of 58 cents per share.
Morgan Stanley analyst Lauren Schenk reiterated an Equal Weight on the shares of Peloton Interactive Inc (NASDAQ: PTON) with a price target of $10.00.
The analyst said the company reported weaker than expected Q4 earnings.