SoFi Stock Is Down More Than 30% This Year. Its CEO Is Buying Anyway.

▤ Summary

SoFi’s stock has fallen sharply this year, but CEO Anthony Noto has kept buying shares on the open market. The article highlights SoFi’s strong first-quarter growth, including record revenue, member additions, and profitability. It also covers the launch of Composer by SoFi, an AI-powered investing platform that expands the company’s product lineup. The piece argues that the stock’s weakness likely reflects valuation concerns and lending risk rather than a lack of operational momentum.

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