|Bid||4.3200 x 45900|
|Ask||4.3200 x 39400|
|Day's range||4.2600 - 4.5500|
|52-week range||4.2600 - 17.1650|
|Beta (5Y monthly)||1.43|
|PE ratio (TTM)||N/A|
|Earnings date||01 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||7.50|
SALT LAKE CITY, December 06, 2022--Galileo releases BNPL solution for banks and fintechs with single-use virtual cards and complete loan servicing.
This has been a lousy year for innovation-heavy growth stocks. Cathie Wood's flagship fund, the Ark Innovation ETF is down about 60% since the end of 2021 and many of its components have fallen even further. Growth stocks have been tanking because it's easier to focus on potential future cash flows and ignore present-day losses when fresh injections of capital are easy to come by.
Shares of financial technology company SoFi Technologies (NASDAQ: SOFI) lost 10% of their value in November, according to data from S&P Global Market Intelligence. The company offers a multitude of financial services on its digital app, with the goal of being a one-stop shop that provides an easier, better overall experience for customers to manage their money. Its largest segment until now has been student loans, but it has expanded its services to include banking, investing, and more.