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Klarna falls 3% after guidance cut; Affirm rises 2% on AI underwriting optimism

Market News
24 Sep 2026
24/7 Wall Street
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Neutral
Klarna falls 3% after guidance cut; Affirm rises 2% on AI underwriting optimism

Klarna's stock dropped 3% following a guidance cut that raised investor concerns about its near-term outlook, especially due to softer conditions in Germany and ongoing investment costs. Meanwhile, Affirm's shares rose 2%, buoyed by positive market response to its AI-driven underwriting model and recent operating momentum. The contrasting stock movements highlight differing investor views within the fintech sector, with Klarna facing caution over growth and spending, while Affirm benefits from technology-driven optimism. Investors are advised to watch for changes in Klarna's outlook and Affirm's credit risk management before adjusting positions.

As of Sep 24, 2026 23:11 WIB, Affirm trades at USD 69.09 on Pluang, showing a 1.47% gain for the day. The stock's market cap stands at $22.98 billion, reflecting sustained investor interest despite sector volatility. Pluang order activity favors buying with 64%, indicating positive sentiment among users at this time.

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