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Stock impact report

If You'd Invested $1,000 in SoFi Technologies Stock 3 Years Ago, Here's How Much You'd Have Today [Yahoo! Finance]

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Yahoo! Finance
believe that long-term investing in great companies is arguably the best road to riches. But alas, SoFi is a young company and only started trading on the stock market in early 2021. So here's how you'd have done if you'd parked $10,000 in it roughly four years ago: Your stake would be worth about $5,029. Oops! As often happens when stocks many people are excited about debut on the market, typically via with initial public offerings (IPOs) , excitement drives the stocks up sharply, only to see them fall to earth some months later. (It's often smart to wait for a newly trading company to settle down before investing in it.) You might be interested to learn more about SoFi Technologies, because it has a lot of promise. It's a digital financial services company -- a "fintech" business -- offering services such as banking, loans, investing, credit cards, mortgage loans, student loan refinancings, insurance, and more. (Whew!) Via its app, it aims to be a one-stop financial stop. In Show less Read more
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