The stock SOFI experienced a sharp drop of over 15% in its intraday trading on earnings, falling below the $23 support level. While the company reported strong earnings and growth, the market reacted negatively, pushing the stock down to a critical support area. The analysis suggests that the stock is currently overvalued based on a discounted cash flow model, with an estimated intrinsic value significantly lower than its current trading price. The trend remains bearish, with a potential further downside towards the $19.55 support level if the current downtrend continues.