The Latest Breaking News from SOFI

SoFi’s diversified business model, growing member base, and focus on high-margin, low-risk revenue streams position it well for continued growth.

SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower Tuesday afternoon, pulling back from Monday’s 52-week peak potentially amid profit-taking

SoFi stock is trading below $15 and looks set to fall further today as markets react to the tensions in the Middle East. The dip might be an opportunity to add positions in the fintech company.

SOFI stock is up more than 25% in the last three months, but despite the company overcoming numerous obstacles, a P/E ratio of 40x may cap further upside

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Yesterday, with SOFI trading at $13.32, the September 19 put option with a strike price of $13 was trading around $1.50. Traders selling this put would receive $150 in option premium.

As SoFi continues to scale, improve profitability, and attract institutional partnerships, its stock may soon begin to reflect the strength of its underlying business.

Of the 1,239 unusually active options in Thursday trading, 207 were financial service stocks. Of the 207, these three companies have bull put or bull call spreads that investors might consider heading into the weekend.

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