Here's why SoFi's stock just logged its worst day on record

Mar 5, 2024 · Here's why SoFi's stock just logged its worst day on record Provided by Dow Jones Mar 5, ... Tuesday's drop made for SoFi's worst single-day percentage decline on record, surpassing the 14.2% ...

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Here's Why SoFi's Stock Just Logged Its Worst Day On Record

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Here’s Why SoFi’s Stock Just Logged Its Worst Day On Record - MSN

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Tuesday’s drop made for SoFi’s worst single-day percentage decline on record, surpassing the 14.2% decline seen Aug. 13, 2021. ... Here’s why SoFi’s stock just logged its worst day on ...

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Here’s Why SoFi’s Stock Just Logged Its Worst Day On Record

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Mar 6, 2024 · The company announced a convertible-note offering, which raises concerns about dilution SoFi Technologies Inc. shares often take big swings after earnings, so it’s notable that Tuesday’s historic decline didn’t come in the wake of financial results. Rather, the 15.3% …

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SoFi Stock Just Had Its Worst Day Ever. Wall Street Mulls The

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The stock also likely was pressured Tuesday by convertible arbitragers who sold short the stock in anticipation of the purchase of the SoFi convertible deal. SoFi stock was up 1.8% to $7.40 in ...

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SoFi Technologies, Inc. (SOFI) Stock Sinks As Market Gains: Here's …

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Jan 18, 2024 · In the latest market close, SoFi Technologies, Inc. (SOFI) reached $7.41, with a -1.59% movement compared to the previous day. This change lagged the S&P 500's 0.88% gain on the day.

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SoFi’s Stock Had A Historic Drop Earlier This Week. What If It ... - MSN

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See also: Here’s why SoFi’s stock just logged its worst day on record For one, Dolev calculates that SoFi’s $600 million equity exchange could deliver a 10% increase to the company’s ...

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Why Is SoFi Stock Plummeting Today? | The Motley Fool

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Mar 5, 2024 · Best & Worst States to Retire ... In this video, I will explain why SoFi Technologies (SOFI 3.03%) ... *Stock prices used were from the trading day of March 5, 2024. The video was published on ...

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Why SoFi Technologies Stock Crumbled Today - Nasdaq

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After sliding 3% on Jan. 2, the first trading day of the New Year, SoFi fell further Wednesday morning, with the stock losing an additional 13.5% through 11:35 a.m. ET. I blame investment bank ...

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This Analyst Is Dead Wrong About SoFi. Here's Why. - Yahoo Finance

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Jan 12, 2024 · "SOFI's shares remain polarizing, but noise aside, anytime a growth stock is trading at premium valuations with 15% to 20% downside potential to consensus EBITDA, we believe a more cautious stance ...

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Here’s Why SoFi’s Stock Just Logged Its Worst Day On Record

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Mar 6, 2024 · Rather, the 15.3% tumble in SoFi’s stock SOFI, -15.27% Tuesday came as the financial-technology company announced it planned to offer $750 million in convertible senior notes that will be due in 2029. The announcement came on a day when technology stocks …

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SoFi's Q3: Short Sellers' Worst Nightmare - Seeking Alpha

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In Q3 2023, SoFi generated record adjusted net revenue of $531 million, up 27% year-over-year (Q3 2023 Earnings Release). They surpassed revenue expectations and elevated its forecast for the year.

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FAQs about Here's why SoFi's stock just logged its worst day on record Coupon?

Why were Sofi shares under pressure in Tuesday's session?

SoFi shares were under pressure in Tuesday’s session. SoFi Technologies Inc. shares often take big swings after earnings, so it’s notable that Tuesday’s historic decline didn’t come in the wake of financial results. ...

Why did Sofi's stock tumble?

Rather, the 15.3% tumble in SoFi’s stock Tuesday came as the financial-technology company announced it planned to offer $750 million in convertible senior notes that will be due in 2029. The announcement came on a day when technology stocks rode lower, with the Nasdaq Composite Index down 1.7%. ...

Why did Sofi stock drop 16% last week?

Here's Why. SoFi declined 16% last week after an analyst downgraded the stock, citing valuation concerns and potential growth headwinds due to falling interest rates. I believe the downgrade is wrong for two key reasons. You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. ...

Did the market make a big mistake about Sofi?

The Market Just Made a Big Mistake About SoFi. Here's Why SoFi reported phenomenal results for the second quarter. It's feeling pressure in the lending segment, which accounts for most of its profit. SoFi's other businesses are gaining ground. The digital bank is going places, even though its stock has been falling. ...

How did Sofi perform compared to the previous year?

Adjusted EBITDA hit a new high of $98 million, up 121% versus the prior year period. SoFi added over 717,000 new members, bringing the total to 6.9 million, up 47% year-over-year. The company also achieved record product adds of nearly 1 million, increasing total products to over 10.4 million, a 45% increase. ...

Is this analyst dead wrong about Sofi?

This Analyst Is Dead Wrong About SoFi. Here's Why. | The Motley Fool This Analyst Is Dead Wrong About SoFi. Here's Why. SoFi declined 16% last week after an analyst downgraded the stock, citing valuation concerns and potential growth headwinds due to falling interest rates. ...