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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