In the latest trading session, SoFi Technologies, Inc. (SOFI) closed at $4.88, marking a +0.83% move from the previous day.
SoFi Technologies, Inc. (SOFI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
It made its public market debut via a special-purpose acquisition company (SPAC) in June 2021, a category that has not performed well, and it has fallen nearly 80% from its all-time high. Admittedly, money-losing companies have struggled in the current market, but SoFi's continuing revenue growth might make it an exception.