SoFi Technologies (NASDAQ: SOFI) stock plummeted in Wednesday’s trading. The fintech company’s share price closed out the daily session down 13.9%. SoFi stock fell in today’s trading following news that Keefe, Bruyette & Woods (KBW) analyst Michael Perito had downgraded his rating on the stock from market perform to underperform. In addition to the ratings […]
Tag: SoFi
Why SoFi Technologies Stock Crumbled Today
Shares of red-hot fintech SoFi Technologies (NASDAQ: SOFI), which more than doubled in 2023, are stumbling out of the gate in 2024. After sliding 3% on Jan. 2, the first trading day of the New Year, SoFi fell further Wednesday morning, with the stock losing an additional 13.5% through 11:35 a.m. ET. I blame investment […]
Could SoFi Be a Millionaire-Maker Stock?
Financial industry disrupter SoFi (NASDAQ: SOFI) has been a rare bright spot among the hundreds of companies that went public via reverse mergers with special purpose acquisition companies during the 2021 SPAC boom. Not only is the fintech a financially stable business and well on the way to profitability, but it has maintained terrific growth […]
Why SoFi Stock Could Have an Amazing 2024
In today’s video, I discuss recent updates impacting SoFi Technologies (NASDAQ: SOFI). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Dec. 27, 2023. The video was published on Dec. 27, 2023. Should you invest $1,000 in SoFi Technologies […]
3 Things You Need to Know if You Buy SoFi Today
fintech getty fool 4 After a challenging last year, SoFi Technologies (NASDAQ: SOFI) has gone on an absolute tear in 2023. Elevated interest rates and the end of the student loan moratorium have boosted the stock, up 112% since the start of the year. The fintech is appealing to a certain set of investors for […]