SoFi Drops 44%. Should You Buy the Stock Now or Stay Away?
SoFi Technologies (SOFI) shares have declined 44% from their 52-week high of $32.73, reflecting mounting pressure on high-growth fintech stocks. The pullback has been driven by investor concerns over equity dilution following recent capital raises, the company’s elevated valuation after a strong rally, and a broader risk-off market environment. Despite these headwinds, SoFi’s underlying business fundamentals remain solid. The company has continued to diversify its revenue base, expanding beyond lending i ...