SoFi Beats Estimates, Raises Outlook on Loan Volumes and Deposits
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Shares of SoFi Technologies (SOFI) skyrocketed more than 17% in early trading on Monday as the online bank posted better-than-expected results on strong loan demand and deposits. The company also raised its full-year guidance. SoFi reported a fiscal 2023 second quarter loss of $0.06 per share,…
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