13-08-2021 17:48 via feedproxy.google.com

SoFi plunges 14% after mixed 2nd-quarter report reveals weaker-than-expected guidance

Lucas Jackson/ReutersSoFi Technologies plunged as much as 14% on Friday after the fintech company reported mixed second-quarter earnings.The company said it expects third-quarter revenue guidance of $245 million to $255 million, below analyst estimates.This is SoFi's first earnings report as a public company since it completed its SPAC merger in June.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Shares of SoFi Technologies fell as much as 14% on Friday after the fintec
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