SOFI — SoFi Technologies, Inc. - Common Stock
Session close: $14.46. Regular-session share volume: 38,112,737. Change from previous close: -1.06%.
Key developments
Monness Crespi & Hardt initiated coverage of SoFi with a Buy rating during the session, adding a favorable analyst assessment ahead of earnings. A separate preview highlighted customer growth, strong lending demand and rising fee income as supportive business trends.
Monness Crespi & Hardt Initiates Coverage on SoFi Technologies With Buy Rating · Should You Buy, Hold or Sell SOFI Stock Before Q3 Earnings?
The earnings preview questioned whether profitability could keep pace with revenue growth. SoFi was reported to be releasing results Tuesday before market open, but the supplied preview offered no detailed forecasts or results.
Should You Buy, Hold or Sell SOFI Stock Before Q3 Earnings? · SoFi (SOFI) to report earnings tomorrow: here is what to expect
Earlier reporting placed SoFi against a backdrop of cryptocurrency weakness while noting its crypto trading relaunch and growth in assets backing SoFiUSD. That report also flagged a bearish technical chart pattern as a potential downside risk, rather than an established outcome for this session.
Top Crypto Stocks to Watch This Week: SoFi, Strategy, Coinbase
News sources
Company news Monness Crespi & Hardt Initiates Coverage on SoFi Technologies With Buy Rating · Company news SoFi (SOFI) to report earnings tomorrow: here is what to expect · Company news Should You Buy, Hold or Sell SOFI Stock Before Q3 Earnings?