SoFi Technologies (SOFI) is todays under 30-stock. In this segment Jenny Horne and Alex Coffey discuss the personal finance app company with Jeff Pierce. Jeff explains why the government extending its moratorium on student loan payments, directly affected SOFI’s 2022 revenue guidance. At one point Thursday, SOFI had posted a double-digit percentage slide, dragged down by lowered guidance. Alex spoke about how SOFI has hit a lifetime low but asked Jeff about the positives in the company. Jeff speaks to the greater ecosystem of SOFI, outside of the student loan arm. Jenny and Jeff discuss financial techno companies overall and Alex asks Jeff to weigh in on what tech sector he is keeping his eye on.
08 Apr 2022