SoFi Technologies reported quarterly earnings and revenue above analysts’ estimates, with CEO Anthony Noto deeming 2024 the fintech’s “best year ever.” However, shares tumbled 11% to $15.94 in premarket trading as guidance from the company seemed to overshadow quarterly results.

I favor the bullish case — although in my view the market will only react positively if SoFi exceeds investor expectations and raises its guidance when the company

SoFi Technologies pointed to "macro assumptions" in giving weaker-than-expected quarterly and full-year guidance.

Monday, as investors focused more on the financial-technology company’s downbeat outlook for profitability than on an upbeat revenue outlook and strong results for the latest quarter. For the current first quarter,

Fintech leader SoFi (NASDAQ: SOFI) plunged on Monday morning, despite reporting better-than-expected earnings for the fourth quarter. As of 10 a.m. ET, SoFi's stock was down by about 10% for the day in volatile trading.