The Economic Times

Why is SOFI stock down today? Here's what short seller Muddy Waters reveals about SoFi Technologies

SOFI stock: SoFi Technologies' stock declined significantly after Muddy Waters Research disclosed a short position, citing concerns over the company's financial practices. The research firm alleges SoFi relies on financial engineering and potentially misrepresents its debt and revenue, leading to questions about its reported earnings and business models.