SoFi stock falls as analysts flag accounting risk in report

SoFi stock remains under pressure after a Muddy Waters report alleged "Enron-esque" accounting issues and over $300 million in unrecorded debt. Keefe, Bruyette & Woods noted the report raises new questions, though institutions were aware of some complexities. SoFi denied the claims and threatened legal action, while the CEO bought stock to show confidence.