SoFi Technologies (SOFI) Stock Plunges Sharply, Shedding Nearly 9% in Midday US Market Action
NEW YORK, NY – Shares of SoFi Technologies Inc (NASDAQ: SOFI) experienced a significant sell-off during the trading session on Wednesday, April 10th, alarming investors. The fintech company’s stock price saw a considerable decline by the early afternoon.
According to market data captured at 12:04:47 PM UTC-4 (Eastern Time), SoFi stock was trading at 1.00, equating to a loss of 8.74% for the day on the NASDAQ exchange.
The sharp downturn places SOFI shares substantially below their previous closing price of $11.39. The intraday chart visually confirms a consistent downward trajectory for the stock throughout the morning’s trading activities.
This pronounced negative movement marks a difficult session for SoFi Technologies as it stands out among the notable decliners in the US market today.
