SoFi Technologies Reports Strong Q1 Growth But Guidance Falls Short of Expectations
SoFi Technologies reported strong first-quarter growth in customers, loans, and deposits, but its guidance for the current quarter fell below Wall Street expectations, leading to a 11.2% decline in its stock this week. The company's stock has dropped 49% from its all-time highs, despite beating earnings estimates.
Tickers: $SOFI
Topics: earnings financial growth guidance SoFi Technologies stock performance