Category: Finance
SoFi's stock fell by about 10% despite reporting strong fourth-quarter earnings, including the addition of 785,000 members and a significant increase in loan originations. The decline is attributed to management's guidance for 2025, which projected higher revenue but lower-than-expected earnings per share, indicating potential margin concerns.
Keywords: SoFi, earnings report, stock market
Update At: 1/28/2025