Why SoFi Stock Fell Today
Despite a relatively solid second-quarter report, many shareholders decided to sell.
Overview
Shares of SoFi Technologies (NASDAQ: SOFI) declined on Wednesday after the digital financial services provider fell short of investors' lofty expectations.
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SoFi added 1.1 million new members during the second quarter. That brought its total to 15.8 million by quarter's end, representing a 35% year-over-year gain.
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.