Here's What's Behind SoFi's Big Decline -- and What You Should Do About It
After hitting an all-time high in November last year, this fintech stock has traded down 47%.
Here's What's Behind SoFi's Big Decline -- and What You Should Do About It
Overview
SoFi Technologies (NASDAQ: SOFI) has been a rapid grower in the financial services industry. It had 14.7 million customers as of March 31, almost triple the amount at the end of 2022. This has supported fantastic revenue growth.
But the fintech stock has been under pressure in 2026. The share price is down 35% this year (as of June 15), and it trades 47% off its record from November 2025. What's behind SoFi's big decline?
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
