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SoFi Just Crushed Earnings. So Why Is the Stock Down?
SOFISoFi Technologies(SOFI) The Motley Fool·2024-08-06 16:24

SoFi stock continues to drop despite an impressive second-quarter report. The stock market is filled with mystery. One stock that consistently piques my curiosity is financial services and banking platform SoFi (SOFI -1.65%). Over the last few years SoFi has managed to disrupt the financial services industry by aggressively acquiring customers -- particularly in the desirable Gen Z and millennial demographics. The company's second-quarter earnings demonstrated that management's growth plan continues to take ...