Why Is SoFi (SOFI) Stock Down 10% Today?

Investors in SoFi Technologies (NASDAQ:SOFI) have certainly had it rough over the past year. Shares of SOFI stock are down more than 25% year-to-date (YTD), vastly underperforming most of the firm’s tech peers. Since yesterday’s close alone, SOFI stock has dipped more than 10% as of this writingThis move comes after the company released its first-quarter earnings report. While the company beat on the top and bottom line, investors seem to be focusing more intently on its forward guidance. SoFi brought in EP ...