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Stock impact report

SoFi Stock: Buy, Sell, or Hold? [Yahoo! Finance]

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Yahoo! Finance
a full financial services company, but it captured market attention when it had a blowout initial public offering (IPO) in 2020. Like many IPOs in the 2021 boom, SoFi stock skyrocketed on little more than investor enthusiasm, and it's down 74% from its highs. It continues to be volatile, doubling last year but down 36% year to date. Let's see where SoFi is today and whether you should add it to your buy list. SoFi is in high growth mode There's a reason investors were so excited when SoFi stock hit the market. It's a fast-growing financial technology (fintech) company, offering better solutions for customers who would rather see the dentist than meet with a bank manager. SoFi is all digital, and users can manage most of their transactions with a few swipes and clicks. It was created to meet the needs of students and now also targets young professionals. It began with loans and has expanded to offer bank accounts, credit cards, and more, but its services are still limited c Show less Read more
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