SOFI remains underwater, despi

2022-05-25

SOFI remains underwater, despite its excellent Q1'22 earnings and upwards revision for FY2022 revenues.

Though the impending recession has a hand in it, rising interest rates also turn away certain investors, combined with the extended student loan moratorium.

Nonetheless, long-term SOFI investors have nothing to worry about, given its massive user base and expanding product adoption.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Remotecam
2022-05-28
Remotecam
It's the possibility of recession that investors are afraid of. Banks suffer in recession because business is poor, good lenders are few and loans going bad increase significantly.
Discoverable
2022-05-25
Discoverable
Ran it's course
AndyChoo
2022-05-25
AndyChoo
Will be there for a while
建稳的朋友
2022-05-26
建稳的朋友
💪💪
000TNB000
2022-05-26
000TNB000
Ok
FK1234
2022-05-26
FK1234
💪

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