SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower by 10.05% at $5.37. Weakness is likely in sympathy with financial services peer Upstart Holdings Inc (NASDAQ:UPST), which is trading lower after reporting first-quarter earnings results and issuing second-quarter and FY22 sales guidance below analyst estimates.
Upstart said first-quarter revenue increased 156% year-over-year to $310 million, which beat the $300.12 million estimate. The company reported quarterly earnings of 61 cents per share, which beat the estimate of 50 cents per share... Read More
SoFi is a financial services company.
According to data from Benzinga Pro, SoFi has a 52-week high of $24.95 and a 52-week low of $5.31.
