Market Open: June 23, 2026

TL;DR

Reports differ across sources; according to seekingalpha.com, soFi: Growth multiple coming under pressure Financial sector investors (XLF) are arguably relishing the rally from the April lows that have helped them get out of a rut and also the ignominious title of being the worst-performing sector - SOFI's growth thesis hinges on its financial services productivity loop, expanding membership, and increasing products per member, while lending still dominates revenue and net interest income.