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Here's Why SoFi Stock Plunged More Than 15% After Its Latest Earnings

TheMotleyFool

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Here's Why SoFi Stock Plunged More Than 15% After Its Latest Earnings: https://g.foolcdn.com/editorial/images/775117/mobile-payment-2022.jpg

SoFi (NASDAQ: SOFI) reported tremendous revenue, membership, and deposit growth in the first quarter. However, there were a few things investors don't seem very happy with, as I discuss in this short video.

*Stock prices used were the afternoon prices of April 30, 2024. The video was published on April 30, 2024.

Source Fool.com

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