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Affirm shares jump on strong outlook as CEO cites $4.09 gas
The CEO pointed to sharply higher fuel costs for U.S. shoppers, with the national average gas price at $4.09 per gallon, down from below $3 on March 2.
Affirm shares surged after the company delivered a strong outlook, according to CNBC.
In comments carried by CNBC, the CEO said high gas prices are weighing on U.S. shoppers, as the national average price for gasoline is $4.09 per gallon.
The reporting also notes that the national average gas price was last below $3 on March 2.
Latest closeGasoline (RBOB) $3.156 ▼2.4%
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