SoFi Technologies Stock Rises 42% in a Month: Buy, Hold, or Sell?
SoFi Technologies(SOFI) ZACKS·2024-10-30 01:36
Shares of SoFi Technologies, Inc. (SOFI) have witnessed a notable surge of 42.4% in the past month. This rise is significant, especially compared to the 4% rise in its industry and the 1.1% rise in the Zacks S&P 500 composite. The stock's closing price in the last trading session was $11.19, just shy of its 52-week high of $11.34. The rise can be largely attributed to the positive sentiment surrounding the company's financial technology platform, Galileo. Recently, Galileo expanded its wire transfer service ...