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Why SoFi Stock Skyrocketed 47% in November
SOFISoFi Technologies(SOFI) The Motley Fool·2024-12-03 20:28

SoFi Technologies (SOFI -3.05%) stock climbed 47% in November according to data provided by S&P Global Market Intelligence. The online bank gave investors renewed confidence in its loan segment along with an excellent third-quarter report at the end of October. It's also benefiting from positive investor sentiment based on lower interest rates and increased market enthusiasm about the economy after the presidential election.Everything is finally going rightSoFi has been a volatile stock since its initial pu ...