2023-10-28 15:27:21
What's Going On With Affirm And PayPal Shares After Amazon's Earnings Report - Affirm Holdings (NASDAQ:AF
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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