Tag: $SoFi

SoFi’s stock sinks as a downbeat outlook negates a big revenue beat

Shares of SoFi Technologies Inc. were taking a dive in early Monday trading, as investors focused more on the financial-technology company’s downbeat outlook for profitability than on an upbeat revenue outlook and strong results for the latest quarter.

SoFi Boosts Guidance After Narrower-Than-Expected Loss and Strong Deposits Growth

SoFi Technologies SOFI  was rising Monday after the fintech delivered strong deposit numbers for its second quarter and boosted guidance.