There were some things in the report that Sofi (SOFI -5.50%) 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.
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Is Sofi Stock Price Crash After Earnings Justified?
By Parkev Tatevosian, CFA
–
May 3, 2023 at 5:38PM
NASDAQ: SOFI
SoFi Technologies
Market Cap
$16B
Today's Change
(-5.50%) -$0.82
Current Price
$14.08
Price as of June 13, 2025, 3:58 p.m. ET
Sofi reported fiscal 2023 first-quarter earnings that sent its stock down.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Stocks Mentioned
SoFi Technologies
SOFI
$14.08
(-5.50%)
$0.82
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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