2023-10-28 15:27:21

What's Going On With Affirm And PayPal Shares After Amazon's Earnings Report - Affirm Holdings (NASDAQ:AF

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Benzinga
By Henry Khederian

Affirm Holdings Inc AFRMand eBay Inc EBAY shares are trading lower during Friday's session in sympathy with Amazon.com, Inc. AMZN, which fell after the company reported worse-than-expected third-quartersales results.

As an e-commerce peer to Amazon, Etsy operates a top-10 online marketplace operator.The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods.

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What Happened?

Amazon reported third-quarter revenue of $127.1 billion, an increase of 15% year-over-year. The total came in shy of a Street estimate of $127.84 billion according to data fromBenzinga Pro.

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