SOFI is trading at $16.51 (-10%) following the release of its Q1 2026 earnings report on April 29.
- The company reported 43% revenue growth to $1.1B and record member additions, marking its 10th consecutive quarter of profitability.
- Shares are dropping sharply in pre-market trading as investors react to the report's forward-looking guidance and underlying financial details.
- The move appears specific to the earnings news, as the crypto market remains steady with BTC up 0.97% and ETH up 0.61% since the previous close.