SoFi Announces Changes to Its Board of Directors

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Go back to SoFi Announces Changes to Its Board of Directors

SoFi (SOFI) Stock Falls After Cutting 2022 Guidance on Extension of Federal Student Loan Payment Moratorium

April 6, 2022 4:37 PM EDT

SoFi Technologies, Inc. (NASDAQ: SOFI) shares fell nearly 4% after-hours after the company lowered its full 2022-year guidance following the Biden Administration's extension of the federal student loan payment moratorium from May 1 until August 31.

The company's management believes that the student loan moratorium... More