SoFi Stock Plummets 11.08% in Three Days Amid Market Volatility and Strategic Moves

On March 27, 2025, SoFi Technologies (SOFI) experienced a significant decline, with its stock price dropping by 6.66%, marking the third consecutive day of losses. Over the past three days, the stock has plummeted by 11.08%, reflecting a period of substantial volatility for the company.

SoFi Technologies recently announced the approval of new performance stock unit awards, which could potentially impact investor sentiment and stock performance. The company also revealed a $5 billion loan platform business agreement, which, if successful, could provide a significant boost to its financial services division.

These developments come at a time when SoFi is navigating a challenging market environment, with investors closely monitoring the company's strategic initiatives and financial performance. The recent stock price decline may be attributed to broader market trends and investor concerns about the company's growth prospects.