SoFi just set a slew of lending records, but here’s why its stock is falling

sofi posted record personal loan originations and record membership growth in q3, but the stock dropped after hours. the company beat earnings expectations but kept its full-year guidance unchanged — that disappointed investors who were hoping for an upgrade. membership hit 10.1 million, up 35% year over year. personal loan originations were $6.3 billion, also a record. revenue came in at $697 million, above the $689 million analysts expected. adjusted ebitda was $201 million. still, the unchanged outlook suggests management sees headwinds ahead — possibly from rising charge-offs or slower deposit growth. sofi's stock fell about 8% in extended trading.