SoFi Stock Falls Toward Its 52-Week Low as BofA Miss Weighs on Banking Stocks
SoFi Technologies Inc. (NASDAQ: SOFI) shares are under pressure Wednesday after Bank of America reported Q3 earnings that missed estimates.
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Why It Matters
Bank of America disappointed investors with weaker than expected earnings. When big banks stumble, smaller banks like SoFi often fall too.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.