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Barchart
Barchart
Amit Singh

SoFi Stock Rockets Higher, and Here’s Why It’s Not Done Growing

SOFI

Shares of SoFi Technologies (SOFI) have come roaring back, posting a remarkable 82% gain over the past three months. In comparison, the broader S&P 500 Index ($SPX) managed a 12.8% increase over the same period. 

Although the stock recently dipped, despite reporting impressive Q3 earnings, this pullback could be a buying opportunity for investors. SoFi’s stellar financials and shift toward an asset-light business model suggest that this upward momentum will likely continue.

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