SoFi Technologies Inc SOFI shares are trading lower by 10.05% at $5.37. Weakness is likely in sympathy with financial services peer Upstart Holdings Inc UPST, which is trading lower after reporting first-quarter earnings results and issuing second-quarter and FY22 sales guidance below analyst estimates.
Upstart said first-quarter revenue increased 156% year-over-year to $310 million, which beat the $300.12 million estimate. The company reported quarterly earnings of 61 cents per share, which beat the estimate of 50 cents per share... Read More
SoFi is a financial services company.
According to data from Benzinga Pro, SoFi has a 52-week high of $24.95 and a 52-week low of $5.31.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.