Affirm, SoFi stocks drop ahead of earnings

Published: Nov. 10, 2021 astatine 12:10 p.m. ET

Wednesday day marks an eventful play for financial-technology earnings, with Affirm Holdings Inc. , SoFi Technologies Inc. , and Marqeta Inc. owed to report, and each 3 stocks are falling up of those results. Affirm shares are down astir 13%, portion SoFi shares are disconnected much than 4%, and Marqeta shares are down much than 3%. Investors look to person precocious expectations for fintech companies this reporting season, arsenic Toast Inc. shares are getting burned contempt a bushed connected header metrics precocious Tuesday. Wednesday seems to beryllium trending amended for older-school fintech players, with shares of Mastercard Inc. up nearly...