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SoFi Just Delivered Its Second Consecutive Profitable Quarter. Watch SOFI Stock
SoFi TechnologiesSoFi Technologies(US:SOFI) InvestorPlace·2024-04-29 14:03

SoFi (NASDAQ:SOFI) stock is one of the top-trending tickers today after reporting its first-quarter results this morning. While it was up slightly in pre-market trading, it cratered down about 10% after the opening bell.In Q1, the firm generated a profit for the second consecutive quarter and delivered “beat-and-raise” results. The fintech company noted that 2024 would be a “transitional” year for it. Specifically, the firm expects its offerings aside from its student loans to constitute a far larger percen ...