5 Investors Betting Big on SOFI Stock
It’s been a slow start to the year for SoFi (NASDAQ:SOFI), as shares of the personal finance company have lost about 15% so far. That comes despite SoFi reporting its first-ever profitable quarter.During the fourth quarter, SoFi reported revenue growth of 34% to $594 million and a GAAP EPS of two cents, equivalent to net income of $48 million. Analysts were expecting revenue of $571.51 million and a GAAP EPS of 0 cents.“We saw new member adds of nearly 585,000 and growth of 44% for total period end members ...