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

Rather, the 15.3% tumble in SoFi's stock (SOFI) Tuesday came as the financial-technology company announced it planned to offer $750 million in convertible senior notes that will be due …

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

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Rather, the 15.3% tumble in SoFi's stock (SOFI) Tuesday came as the financial-technology company announced it planned to offer $750 million in convertible senior notes that will be due …

morningstar.com

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

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Looking at the long-term view, SoFi simply replaced 2026 convertible notes for 2029 for an incremental cost of 1.25%, and paid down 12.5% preferred stock, they explained.

msn.com

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

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The announcement came on a day when technology stocks rode lower, with the Nasdaq Composite Index down 1.7%. Tuesday’s drop made for SoFi’s worst single-day percentage …

msn.com

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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 …

equity-insider.com

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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 ...

msn.com

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SoFi Stock Gets A Downgrade. Why Wall Street Is Divided.

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SoFi Technologies fell 5% ahead of the open Monday after the financial services firm picked up a downgrade as Wall Street remains unsure about the stock.

barrons.com

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SoFi Stock Is Tanking: What Wall Street Is Getting Wrong

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Jun 12, 2024 · SoFi Technologies (SOFI-1.47%) stock has gone through some wild swings since the company went public in 2020. Investors have alternately been excited about it and …

fool.com

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

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Jan 12, 2024 · Indeed, SoFi ended last quarter with just under $21 billion of loans held for sale at fair value, one quarter of a percent of which equates to a little over $52 million. Story …

yahoo.com

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SoFi Technologies (NASDAQ:SOFI) Shares Down 0.9% - What's Next?

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1 day ago · SoFi Technologies, Inc. (NASDAQ:SOFI - Get Free Report)'s stock price was down 0.9% on Monday . The company traded as low as $13.60 and last traded at $14.02. …

marketbeat.com

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SoFi Stock Is Falling Again. Wall Street Is Worried. - MSN

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SoFi Technologies offered plenty of positives in its first-quarter report, but it wasn’t enough for Wall Street. On Tuesday, the fintech stock was off 4.3%, at $6.74. On Monday, shares fell 10% ...

msn.com

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This Is Why SoFi Stock Has Fallen So Much Lately

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Dec 1, 2021 · However, SoFi stock is trying to find its footing at the 200-day moving average and the 61.8% retracement. I wouldn’t say this is a “make or break” level necessarily, but it’s pretty ...

investorplace.com

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A Veteran Analyst Correctly Predicted SoFi's Stock Rally. Here's What ...

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Oct 29, 2024 · SoFi shares surged over 40% in October before its third-quarter earnings report.

thestreet.com

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SoFi Stock Is Doomed For A Reason You May Never Even Have …

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Aug 11, 2021 · A Closer Look at SOFI Stock SoFi’s consumer lending segment represented approximately 76% of total revenues in Q1 2021 (down from 83% in FY 2020). So chalk one …

investorplace.com

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SoFi Stock Is Having A Tough Year. Why Wall Street Isn’t Worried.

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SoFi stock was up 3.5% to $7.66 in afternoon trading, while the S&P 500 rose 0.1%. This year, shares have tumbled 23%. That yearly decline was noted by Keefe, Bruyette & Woods analyst …

msn.com

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

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. ...

How did Sofi stock hold up?

The relative outperformance was impressive, but SoFi stock could only hold up for so long amid the industry-wide selling pressure. Then insiders started selling. They did so with a secondary offering of 50 million shares where the company did not receive any proceeds from the sale. ...

Is Wall Street too focused on SoFi?

A key part of SoFi's strategy is growing its non-lending segments. Its lending business is under pressure in today's higher-interest rate environment. Wall Street may be too focused on one element of the company's performance. The fintech-focused bank is growing quickly and profitably, but Wall Street is focused on something else. ...

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. ...

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. ...

Is Sofi a 'long-term winner'?

Barker downgraded SoFi’s stock to neutral from overweight in his latest report, even as he said he views the company to be a “long-term winner” and lifted his price target to $8 from $6.50 Friday. The stock was down 4% in morning action. ...