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Barchart
Amit Singh

SoFi Stock: Why the Opportunity May Be Too Good to Ignore

SOFI LPB

SoFi Technologies' (SOFI) stock has taken a significant hit this year. Its shares are down about 40% year-to-date (YTD) and now trade roughly 52% below their 52-week high.

A big reason behind SoFi’s weak stock performance has been concerns about its changing revenue mix. Notably, investors cheered SoFi’s focus on diversifying its revenue mix and generating solid non-lending revenue. However, over the past few quarters, the company has become increasingly dependent on its lending business.

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