SoFi Technologies Hits Day Low of $17.58 Amid Price Pressure

Feb 24 2026 06:30 PM IST
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SoFi Technologies, Inc. faced a significant stock price decline on February 23, 2026, with a notable drop in both short-term and weekly performance. Despite recent challenges, the company has shown strong long-term growth fundamentals, including impressive annual growth rates in operating profits and net sales, along with substantial institutional support.
SoFi Technologies Hits Day Low of $17.58 Amid Price Pressure
SoFi Technologies, Inc., a mid-cap player in the finance industry, experienced a notable decline today, with its stock price dropping by 5.6% on February 23, 2026. The stock reached an intraday low of USD 17.58, reflecting a challenging trading session.
In terms of performance metrics, SoFi's one-day performance stands at -4.21%, contrasting with the S&P 500's gain of 0.69%. Over the past week, the stock has seen a decline of 7.09%, while its one-month performance shows a significant drop of 29.52%. Despite these short-term challenges, SoFi has demonstrated resilience over the past year, with a 24.2% increase compared to the S&P 500's 12.95% gain. The company has shown strong long-term growth fundamentals, with a compound annual growth rate (CAGR) of 46.90% in operating profits and a remarkable 56.29% annual growth rate in net sales. SoFi's financial health is further underscored by a high institutional holding rate of 57.38%, indicating robust support from knowledgeable investors.
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