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SoFi Shares Drop After Wedbush Downgraded SoFi to Sell

Tiger Newspress2023-05-15

In a report released today, David Chiaverini from Wedbush downgraded SoFi Technologies to Sell, with a price target of $2.50. The company’s shares closed last Friday at $5.02.

SoFi shares dropped 5% in premarket trading Monday.

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Comment10

  • Drmike123
    ·2023-05-16
    This analyst is awful.  His returns are awful.  You could do better flipping a coin.  Basically inversing this guy to make money. 
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  • lalala12334
    ·2023-05-15
    Why people listen to rubbish from a trash?
    Reply
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  • StansenSG
    ·2023-05-15
    Market manipulation 
    Reply
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  • Thalos
    ·2023-05-15
    Use option to trap value
    Reply
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  • Erikca
    ·2023-05-15
    Chance to get it cheap !
    Reply
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  • AdelGYS
    ·2023-05-15
    Noted
    Reply
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  • JD88
    ·2023-05-15
    Joke!
    Reply
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  • REE93
    ·2023-05-15
    Trash downgrade from a trash analyst. Nothing fundamental has changed about SOFI. Useless. 
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    Fold Replies
    • REE93
      Same here bud. It’s bordering on defamatory. All noise.
      2023-05-15
      Reply
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    • DarrenKent
      I averaged down more. $2.5 he must be nuts or has an agenda
      2023-05-15
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  • Stevenhuat
    ·2023-05-15
    So bushy want to buy @2.5?
    Reply
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  • Wenmoon
    ·2023-05-15
    BS manipulation.
    Reply
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