Home / Business / SoFi Stock Plunges on Q1 Earnings. It Seems Investors Can’t Shake Muddy Waters’ Short Report.

SoFi Stock Plunges on Q1 Earnings. It Seems Investors Can’t Shake Muddy Waters’ Short Report.

Investors are punishing SoFi for “just” meeting EPS estimates and for decelerating revenue growth in some business segments.

SoFi Technologies (SOFI) shares plunged as much as 13% on Wednesday, April 29, despite the fintech bank delivering record first-quarter revenue of $1.1 billion, representing a 43% year-over-year increase that comfortably surpassed the consensus estim… [5334 chars]

Source: Barchart | Published: 2026-04-29T15:44:54Z

Credit: Barchart

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