Is Sofi Technologies Stock a Buy Now?
Shares of SoFi Technologies (NASDAQ: SOFI) leaped higher when the market opened on Tuesday, April 29, and ended the day in positive territory. Investors responded well to a first-quarter earnings report that contained plenty of positives. By 2:30 p.m. Wednesday, April 30, the stock was down 6%.
In the first quarter of 2025, SoFi Technologies broke several records regarding its key performance indicators. Despite a highly positive performance, the stock finished April 29 down 26.4% from a peak it reached in January.
Let's weigh recent positives against the challenges the company is facing to see if the stock could be a smart buy on the dip.
Source Fool.com
