SoFi (NASDAQ: SOFI) has already done an excellent job of evolving from a niche student loan company into a large financial ecosystem that is designed to replace customers’ traditional banks. And in full disclosure, I use SoFi as my primary bank and don’t really miss my brick-and-mortar bank at all. Despite its impressive growth, there […]
Insiders will sell stocks for a lot of reasons, but they only buy stocks because they’re bullish on a company. That’s why the recent purchase of stock by SoFi (NASDAQ: SOFI) CEO Anthony Noto is such a big deal. Travis Hoium covers why he may be buying in this video. *Stock prices used were end-of-day […]
Shares of SoFi (SOFI) are dropping as the company reported its first quarter earnings. The results included revenue of $645 million, a 37% increase year-over-year, beating estimates of $556 million. However, the results were overshadowed by SoFi’s adjustment to second quarter revenue: between $555 million and $565 million, well below analyst expectations of $590 million. […]