SOFI - Why SoFi Technologies Stock Is Falling | Benzinga
SoFi Technologies Inc (NASDAQ: SOFI) shares are trading lower by 3.9% to $8.00 during Tuesday's session. Shares of stocks in the broader financial sector are trading lower amid overall market weakness with concerns about future rate hikes following yesterday's FOMC statement and lower-than-expected initial jobless claims data.
While SoFi is a financial technology company and not a traditional bank, it relies on ...