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Wajeeh Khan

Should You Buy the Dip in SOFI Stock Today?

SOFI SoFi Technologies Anthony Noto

SoFi Technologies (SOFI) stock is under immense pressure on Wednesday even though the fintech posted a record $1.1 billion in revenue for Q1, its 10th consecutive quarter of profitability.

Investors are bailing on SOFI mostly because it reiterated full-year guidance for $4.65 billion in revenue instead of raising its outlook.

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