SoFi Technologies Stock Fell Despite Outstanding Results. Is It a Bargain Now?

Shares of SoFi Technologies (NASDAQ: SOFI) tanked on Tuesday in response to what appeared to be an outstanding third-quarter report. The bank stock had risen sharply in recent weeks only to sink more than 10% on Tuesday morning after investors got a good look at its latest report.Here's a quick look at what CEO Anthony Noto called SoFi's "strongest quarter" yet to see if the recent beating is warranted. If not, now could be a great time to pick up this stock at a relative discount.You don't need a trained eye to see signs of success in this consumer-focused bank's recent results. The number of people with a SoFi account rose 35% year over year to 9.37 million.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool