Is Affirm Holdings Stock a Buy Now?

Affirm's (NASDAQ: AFRM) stock price plunged 21% on Feb. 10 after the "buy now, pay later" (BNPL) services provider posted its second-quarter earnings. The report had been partly leaked earlier in the day, which prompted Affirm to release its entire earnings report ahead of schedule.

Affirm's revenue rose 77% year over year to $361 million, beating estimates by $28 million. However, its net loss widened from $27 million to $160 million, or $0.57 per share, which missed expectations by $0.20.

That steep loss was disappointing, but did investors overreact and create a new buying opportunity for more patient investors?

Source Fool.com