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Benzinga
Benzinga
Business
Henry Khederian

SoFi Stock Is Falling Wednesday: What's Driving The Action?

SOFI SoFi Technologies SoFi Technologies Inc Citigroup JP Morgan
San,Francisco,,Ca,,Usa,-,May,1,,2022:,Sofi,Logo

Shares of SoFi Technologies Inc (NASDAQ:SOFI) are falling Wednesday afternoon, swept up in a broader market sell-off impacting technology and growth-oriented stocks.

The move extends a volatile period for the fintech company, which is otherwise up some 135% since the stock’s April low, as investors weigh its impressive operational performance against recent strategic financial decisions.

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