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SoFi shares fall after earnings beat disappoints on guidance
Investors reacted to SoFi’s more cautious outlook, with the stock down despite the company topping expectations in its latest results.
MarketWatch reports SoFi shares fell after the company beat earnings expectations, but investors were disappointed by the neobank’s guidance.
According to MarketWatch, the market focus shifted from the earnings beat to the company’s restrained outlook, which weighed on sentiment around the stock.
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