SoFi Earnings, Revenue Top Estimates. Here's Why Fintech Stock Tumbled.
SoFi Technologies (SOFI) on Wednesday reported second-quarter earnings and revenue that topped Wall Street targets and increased its full-year 2026 revenue outlook. SoFi stock tumbled nearly 10% as weakness in its technology platform business overshadowed its lending unit. The financial technology company reported Q2 earnings before the market open. In the June quarter, San Francisco-based SoFi said it earned 12…
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Why SoFi Stock Is Tumbling Despite Earnings Doubling
4/29/2026 Sofi earnings doubled but only met Q1 views while the fintech guided lower on Q2 revenue. Sofi stock tumbled Wednesday.
4/29/2026 Sofi earnings doubled but only met Q1 views while the...
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