What's going on with SoFi?
$SoFi Technologies (SOFI.US)$ No, for real. First it gets dumped from 23 to 18 together with all the other black friday victims, then today it tries to recover, and the hugest candle at the end of the day dumps it down. And again on no news. Not even a clickbait "this is why X went down today" spamticles. Last time a bit ago it was the release of more shares for sale or something.
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Ilona : Everything that isn’t AAPL has been going down. Speculative growth companies like SOFI have been getting killed extra.
Quentrell : It's because there is nothing special about them. They are a "bank" that has no moat. They offer a ton of services that many other companies already do. There is nothing that SoFI does that is better then other companies. Not saying they are bad just nothing special. One of many options.