Down 30%, Is Now a Good Time to Buy the Dip in SoFi Stock?
SoFi Technologies(SOFI) The Motley Fool·2024-07-15 00:11
The markets have gotten off to a roaring start so far in 2024. The S&P 500 is up 18%, while the Nasdaq Composite has gained 23%. Unfortunately, one company that meets the criteria above is SoFi Technologies (SOFI 2.95%). Despite a financially sound business, the stock has cratered 30% so far this year. Let's dig into SoFi's business and explore why now could be a lucrative opportunity for long-term investors to scoop up some shares. SoFi's platform offers customers several lending products such as mortgages ...