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Why Is SoFi Stock Crashing, and Is It a Buying Opportunity?

By Parkev Tatevosian, CFA – Jun 15, 2024 at 6:42AM

There is at least one legitimate reason SoFi stock is underperforming this year.

Fool.com contributor Parkev Tatevosian evaluates the latest developments for SoFi (SOFI +2.38%) stock investors.

*Stock prices used were the afternoon prices of June 12, 2024. The video was published on June 14, 2024.

About the Author

Parkev Tatevosian, CFA
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.
TMFParkev
X@TMFParkev

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 his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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