SoFi Is Firing Back Against Short Sellers. Should You Buy the Comeback Rally in SOFI Stock Here?

SoFi Technologies (SOFI) shares remain in focus today after the San Francisco-headquartered neobank issued an official response to Muddy Waters’ “inaccurate” short report. At its intraday peak, SOFI was seen trading just under its 20-day moving average (MA), indicating a bullish breakout may be brewing under the surface. While SoFi stock is still down nearly 36% year-to-date, the aggressive rebuttal of Muddy Waters’ accusations suggests the momentum may soon shift back in favor of the bulls. More News f ...