Here's why SoFi stock could hit new highs this year
SoFi Technologies(SOFI) Finbold·2024-10-15 20:46
SoFi Technologies Inc. (NASDAQ: SOFI) continues to build strong momentum, with its stock rising by 11.4% to reach $10.04—its highest price since the start of the year. This surge is driven by key developments, including the recent $2 billion loan platform partnership with Fortress Investment Group and strong financial performance in Q2 2024. Jim Cramer, the well-known host of CNBC's Mad Money, seemed to be right on the mark when he urged investors to go long on SoFi, a recommendation now validated by the co ...