As SoFi Stock Drops Below $30, Is it a Buy Ahead of Q4 Earnings?

Shares of the financial technology company SoFi (SOFI) have been under significant pressure ahead of its fourth-quarter earnings release on Jan. 30. The stock has slipped well below the $30 mark and is now trading about 21.6% below its 52-week high. Several factors have contributed to the recent weakness. The company’s $1.5 billion capital raise has raised concerns about potential shareholder dilution, while some investors appear to be locking in gains following the stock’s earlier rally. At the same time ...