(CNBC) Shares of Toast and Affirm dropped on Tuesday after analysts at MoffettNathanson said “longer-term growth trajectories are likely to disappoint” at the two fintech companies. Toast, a point-of-sale software provider for restaurants, was down almost 12% at close Tuesday and Affirm, which gives consumers a “buy now, pay later” option on purchases, was down more than 8%.
Fintech stocks Toast, Affirm close down on analyst concerns about ‘longer-term growth trajectories’
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