SoFi Stock Drops Despite Record Q2 Revenue and Profitability
SoFi's stock dropped by 10% despite the company reporting record second-quarter revenue and profitability, and lifting its 2026 revenue forecast. The decline is attributed to an unchanged profit guidance for the current period.
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Why SoFi’s stock is dropping, even after its earnings beat expectations
Investors were disappointed by the neobank’s restrained guidance.
By William Gavin
Read full article →SoFi Just Posted Record Growth and Profitability -- So Why Is the Stock Down 10%?
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