{"id":81190,"date":"2022-04-06T12:16:21","date_gmt":"2022-04-06T16:16:21","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81190"},"modified":"2022-04-05T18:31:08","modified_gmt":"2022-04-05T22:31:08","slug":"fintech-stocks-toast-affirm-close-down-on-analyst-concerns-about-longer-term-growth-trajectories","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2022\/fintech-stocks-toast-affirm-close-down-on-analyst-concerns-about-longer-term-growth-trajectories.html","title":{"rendered":"Fintech stocks Toast, Affirm close down on analyst concerns about \u2018longer-term growth trajectories\u2019"},"content":{"rendered":"\n<p>(CNBC) Shares of <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/TOST\" target=\"_blank\">Toast<\/a> and <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/AFRM\" target=\"_blank\">Affirm<\/a> dropped on Tuesday after analysts at MoffettNathanson said \u201clonger-term growth trajectories are likely to disappoint\u201d at the two fintech companies. Toast, a point-of-sale <a href=\"https:\/\/www.cnbc.com\/2021\/09\/25\/toast-built-a-30-billion-business-by-defying-silicon-valley-vcs.html\">software provider for restaurants<\/a>, was down almost 12% at close Tuesday and Affirm, which gives consumers a \u201cbuy now, pay later\u201d option on purchases, was down more than 8%.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/04\/05\/fintech-stocks-toast-affirm-dive-poor-analyst-ratings.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Shares of Toast and Affirm dropped on Tuesday after analysts at MoffettNathanson said \u201clonger-term growth trajectories are likely to disappoint\u201d at the two fintech companies. Toast, a point-of-sale software provider for restaurants, was down almost 12% at close Tuesday [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81190","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81190"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81190\/revisions"}],"predecessor-version":[{"id":81191,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81190\/revisions\/81191"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}