SoFi's Stock Declines Despite Positive Q3 Earnings and Guidance

Reported 28 days ago

Despite SoFi Technologies posting better-than-expected earnings and raising its future guidance, its stock has dropped over 9%. CEO Anthony Noto described the third quarter as the company's strongest ever. Analysts discuss how current interest rates and the Federal Reserve's potential rate cuts may impact SoFi's loan business.

Source: YAHOO

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