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Affirm Holdings Surges 12.9% in After-Hours Trading Following Strong FY 2026 Forecast

Market Watcher2025-08-29

August 28th, 8:00 PM, after the U.S. stock market closed, several stocks showed significant movements.

Affirm Holdings, Inc. stock price surged by 12.9% to $90.53 in after-hours trading on August 28th.
Affirm forecasts FY 2026 GMV to exceed $46 billion, surpassing the market consensus of $45.67 billion. Affirm's fourth-quarter results were impressive, with GMV growth of 43%, and all key performance indicators showing significant growth. The company successfully expanded its business scale and achieved a profitability milestone, laying the foundation for continued growth in the BNPL market.

Marvell Technology experienced a decline of 11.25% in after-hours trading.
Marvell Technology reported its Q2 financial results for fiscal year 2026 with an EPS of USD 0.22, slightly below expectations, and revenue of USD 2,006.1 million, slightly lower than the IBES estimate of USD 2,009 million. The company also provided a Q3 outlook with expected revenue of USD 2,060 million and a gross margin range of 51.5-52%. Economic uncertainty and tariff concerns have impacted customer spending, leading to a decrease in stock price.

Top 5 Gainers in Night Trading
Movano Inc. Night +60.30%
Next Technology Night +30.45%
Australian Oilseeds Holdings Ltd Night +26.94%
Ambarella Night +20.20%
Sound Group Inc. Night +20.00%

Top 5 Decliners in Night Trading
CaliberCos Inc. Night -25.11%
Offerpad Solutions Night -19.90%
Marvell Technology Night -11.25%
GraniteShares 2x Long DELL Daily ETF Night -10.62%
MasterBeef Group Night -10.32%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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