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Mangeet Kaur Bouns

Forget SOFI Stock! Try This Other Financial Stock Instead

FORR SOFI Mangeet Kaur BounsMangeet

Fintech company SoFi Technologies, Inc. (SOFI) provides digital financial services. The stock has been losing momentum since the beginning of the year owing to the turbulent market environment.

It has plunged 36.3% in price over the past six months and 60.5% year-to-date to close the last trading session at $6.19. It is currently trading 74.7% below its 52-week high of $24.65, which it hit on November 11, 2021.

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