There were some things in the report that Sofi (SOFI 2.96%) stock investors could like. However, a few things could not be ignored.
*Stock prices used were the afternoon prices of May. 1, 2023. The video was published on May. 3, 2023.
Is Sofi Stock Price Crash After Earnings Justified?
By Parkev Tatevosian, CFA – May 3, 2023 at 5:38PM EST
NASDAQ: SOFI
SoFi Technologies
Market Cap
$35B
Today's Change
(-2.96%) $0.81
Current Price
$26.59
Price as of January 12, 2026 at 3:58 PM ET
Sofi reported fiscal 2023 first-quarter earnings that sent its stock down.
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
Stocks Mentioned
SoFi Technologies
NASDAQ: SOFI
$26.59 (0.03%) $0.81
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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