Why SOFI Stock Is Positioned for a Rebound
SoFi Technologies(SOFI) Investor Place·2024-08-06 18:45
Fintech giant SoFi Technologies (NASDAQ:SOFI) silenced its skeptics again by posting another stellar quarterly report and blowing past expectations across both lines. Yet, SOFI stock remains surprisingly unmoved, having shed more than 10% in the past week alone. Nevertheless, its robust financial health, looming interest rate cuts, and dynamic growth in its financial services division make it a buy at current prices. SoFi had a forgettable run at the stock market over the past year, trading 74% behind its a ...