As SoFi Stock Drops Below $30, Is it a Buy Ahead of Q4 Earnings?

Shares of the financial technology company SoFi (SOFI) have been under significant pressure ahead of its fourth-quarter earnings release on Jan. 30. The stock has slipped well below the 30markandisnowtradingabout21.630 mark and is now trading about 21.6% below its 52-week high. Several factors have contributed to the recent weakness. The company’s 1.5 billion capital raise has raised concerns about potential shareholder dilution, while some investors appear to be locking in gains following the stock’s earlier rally. At the same time ...

As SoFi Stock Drops Below $30, Is it a Buy Ahead of Q4 Earnings? - Reportify