By Josh Beckerman

Affirm Holdings shares were recently down 18% after a Compass Point downgrade to sell from neutral, on a day when many financial technology stocks were lower after French payments firm Worldline reduced its revenue forecasts for the year.

Affirm stock traded at $16.05 on Wednesday and is up about 67% this year.

Block was recently down 7%, while PayPal declined 5%. SoFi Technologies was down 4% and Upstart Holdings decreased 7%.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

October 25, 2023 13:42 ET (17:42 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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