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SoFi Fell Over 4% in Premarket Trading After Wedbush’s Comments

Tiger Newspress2023-07-13

SoFi Technologies Inc. fell over 4% in premarket trading after Wedbush’s comments.

Wedbush analyst David Chiaverini said the Biden administration has effectively extended the moratorium on student loan payments almost until the November 2024 election. And this could spell bad news for it and its stock price could drop over 60% from here.

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Comment8

  • eirsh
    ·2023-07-14
    Gub
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  • MalcolmAng
    ·2023-07-13
    Joker try to short again
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  • Diadem
    ·2023-07-13
    This is classic case of market manipulation by spreading news without any concrete source (If not in public domain and even if true, should be consider under insider news/trading). Should be punishable by law.  Having said so, even it doesn't matters, we welcome the discounted prices if fool lambs follows such shepards blindfoldly. 😄😄😄
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    • nick220
      [Miser]
      2023-07-14
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    • Halo.
      K
      2023-07-14
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    • bossbaby
      Ok
      2023-07-14
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    View more 2 comments
  • Easy money here it comes!
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  • Darren77
    ·2023-07-13
    Another short joker!
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  • Aivern
    ·2023-07-13
    Who cares, SOFI is on the cusp of profitability without the student loans, if the market wants to give another discount, we'll gladly take it.
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    • Darren77
      Yes! I will buy more at a discounted price!💪
      2023-07-13
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  • judyspt
    ·2023-07-13
    You sell he buy cheaper 
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  • stripes
    ·2023-07-13
    no news that supports those comments so far
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