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Marketmovers

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finance-and-business2 years ago

"SoFi's Stock Slide: Analyzing the Downgrade and Future Prospects"

SoFi Technologies, Inc. (SOFI) shares dropped by approximately 13% after an analyst at Keefe, Bruyette & Woods downgraded the stock from Market Perform to Underperform and reduced the price target. This movement was attributed to the stock's recent outperformance and adjustments in the analyst's model. The article also lists other stocks that experienced significant movements in Wednesday's trading session, including both gainers and losers across various sectors.