SoFi: Approach With Caution

12:38pm, Monday, 15'th May 2023
SoFi Technologies, Inc. has received a downgrade from Wedbush. SoFi's management team hasn't got much skin in the game. And they are not buying shares in the open market. That is, aside from CEO Antho
SoFi is making more personal loans as its other categories have slowed considerably.
The Yahoo Finance Live team discusses the drop in SoFi Technologies shares after its downgrade from Wedbush Securities.

Why Shares of SoFi Are Falling Today

10:49am, Monday, 15'th May 2023
The Wedbush team is concerned about SoFi's accounting treatment of its personal loans. They worry that regulators may step in and force a different accounting methodology that could lead the company t

SOFI Stock Sinks 10% on Analyst Downgrade

10:14am, Monday, 15'th May 2023
SoFi Technologies (NASDAQ: SOFI ) stock is on the move Monday after the financial company's stock was hit with a downgrade Wedbush. Wedbush analysts dropped SOFI stock from its prior “neutral” rat
The financial services company could be “nearing a tipping point” on the fee income it recognizes from loan applications and sales, warning the company could decline significantly, Wedbush analyst
The Regional Bank Fiasco is a classic “Baby with the Bathwater” scenario. Rising rates are great for Insurance companies and “hidden banks”.

SoFi: Major Disconnect

08:00pm, Sunday, 14'th May 2023
SoFi dipped to $5 following an outstanding Q1'23 earnings report. The fintech has turned very profitable and CEO Anthony Noto continues to buy shares on the cheap.

Are People Moving Deposits Out of SoFi Bank?

07:01am, Sunday, 14'th May 2023
With interest rates rising, people are looking to move their money to higher-yielding places.
There's at least one catalyst that could boost Sofi's stock price this year.

Is CTO Jeremy Rishel Giving Up on SoFi Stock?

02:54pm, Friday, 12'th May 2023
SoFi (NASDAQ: SOFI ) CEO Anthony Noto has shown heavy conviction in his company, purchasing more than 300,000 shares this year. These purchases have come amid regional banking fears and an outflow of
Truist Securities analyst Andrew Jeffrey initiated coverage of SoFi Technologies stock with a Buy rating and $8 price target in a Friday report.
SoFi Technologies Inc. brings a different approach to financial services than traditional banks that could help power its stock higher, according to an analyst.
Several medium-sized banks have failed in the last few months.
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