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Amit Singh

As SoFi Stock Drops Below $30, Is it a Buy Ahead of Q4 Earnings?

Shares of the financial technology company SoFi (SOFI) have been under significant pressure ahead of its fourth-quarter earnings release on Jan. 30. The stock has slipped well below the $30 mark and is now trading about 21.6% below its 52-week high.

Several factors have contributed to the recent weakness. The company’s $1.5 billion capital raise has raised concerns about potential shareholder dilution, while some investors appear to be locking in gains following the stock’s earlier rally. At the same time, valuation considerations have weighed on sentiment, leading to a pullback in its price.

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Top stories on inkl right now

New York Archdiocese To Name Accused Priests and Open Internal Files Under $800M Sexual Abuse Settlement

New York Archdiocese To Name Accused Priests and Open Internal Files Under $800M Sexual Abuse Settlement

The Archdiocese of New York is reportedly near an $800 million settlement with 1,300 survivors, including compensation and a requirement to publicly name all credibly accused clergy and lay leaders.

International Business Times UK

Comeback Crew: Brewers Erase Another Early Deficit to Stun the Rays in Game 2

Comeback Crew: Brewers Erase Another Early Deficit to Stun the Rays in Game 2

After an impressive turnaround in Game 2, the Brewers now have seven comeback wins during this postseason.

Sports Illustrated

El Salvador’s Bukele says bodies found in Haiti are not those of missing Salvadorans

El Salvador’s Bukele says bodies found in Haiti are not those of missing Salvadorans

El Salvador’s President Nayib Bukele has denied that human remains handed over to his military teams at Haiti’s airport are the bodies of four Salvadorans reported missing after coming under attack by gangs on Oct. 18

The Independent UK

Toledo Chemical Tank Stops Leaking as Officials Tell Returning Families to Toss Garden Produce and Wipe Play Equipment

Toledo Chemical Tank Stops Leaking as Officials Tell Returning Families to Toss Garden Produce and Wipe Play Equipment

The Toledo chemical tank has stopped leaking. What returning families should toss, clean, and watch for as 64 households remain evacuated.

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New York's archdiocese and survivors of clergy abuse agree to $800 million legal settlement

New York's archdiocese and survivors of clergy abuse agree to $800 million legal settlement

The Archdiocese of New York and attorneys for about 1,300 parishioners who say they were sexually abused by clergy have agreed to an $800 million settlement of their legal claims

The Independent UK

'Lie and fabrication': Iran denies Hormuz deal offer to US through Pakistan

'Lie and fabrication': Iran denies Hormuz deal offer to US through Pakistan

Iran has denied reports that it offered to reopen the Strait of Hormuz in return for the US lifting its naval blockade, with the IRGC-affiliated Tasnim news agency saying Tehran has made no fresh proposal to Pakistani mediators.

The Times of India

Related Stories

Top stories on inkl right now

New York Archdiocese To Name Accused Priests and Open Internal Files Under $800M Sexual Abuse Settlement

New York Archdiocese To Name Accused Priests and Open Internal Files Under $800M Sexual Abuse Settlement

The Archdiocese of New York is reportedly near an $800 million settlement with 1,300 survivors, including compensation and a requirement to publicly name all credibly accused clergy and lay leaders.

International Business Times UK

Comeback Crew: Brewers Erase Another Early Deficit to Stun the Rays in Game 2

Comeback Crew: Brewers Erase Another Early Deficit to Stun the Rays in Game 2

After an impressive turnaround in Game 2, the Brewers now have seven comeback wins during this postseason.

Sports Illustrated

El Salvador’s Bukele says bodies found in Haiti are not those of missing Salvadorans

El Salvador’s Bukele says bodies found in Haiti are not those of missing Salvadorans

El Salvador’s President Nayib Bukele has denied that human remains handed over to his military teams at Haiti’s airport are the bodies of four Salvadorans reported missing after coming under attack by gangs on Oct. 18

The Independent UK

Toledo Chemical Tank Stops Leaking as Officials Tell Returning Families to Toss Garden Produce and Wipe Play Equipment

Toledo Chemical Tank Stops Leaking as Officials Tell Returning Families to Toss Garden Produce and Wipe Play Equipment

The Toledo chemical tank has stopped leaking. What returning families should toss, clean, and watch for as 64 households remain evacuated.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

New York's archdiocese and survivors of clergy abuse agree to $800 million legal settlement

New York's archdiocese and survivors of clergy abuse agree to $800 million legal settlement

The Archdiocese of New York and attorneys for about 1,300 parishioners who say they were sexually abused by clergy have agreed to an $800 million settlement of their legal claims

The Independent UK

'Lie and fabrication': Iran denies Hormuz deal offer to US through Pakistan

'Lie and fabrication': Iran denies Hormuz deal offer to US through Pakistan

Iran has denied reports that it offered to reopen the Strait of Hormuz in return for the US lifting its naval blockade, with the IRGC-affiliated Tasnim news agency saying Tehran has made no fresh proposal to Pakistani mediators.

The Times of India

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Heavier Phone Use Past 10 at Night Linked with Teens Falling Asleep About 65 Minutes Later

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