By Kuldip K. Ambastha
On Monday, October 11, 2021, the stock of SoFi Technologies, Inc. (SOFI), an American online personal finance company, rose by +13.4% for the trading day. The company has a strong set of offerings across student loan refinancing, credit cards, investing, banking, and other units. The SoFi online platform is accessible both via mobile apps plus desktop interfaces. Because of positive Wall Street equity research analyst information being announced, the stock rose as it did on the first day of the trading week. SoFi’s user base could double in the next two years. Furthermore, the end of the American federal government’s student loan referral program may help SoFi aggressively grow its student loan unit. SoFi will have a bright future ahead of it, as long as the company can deliver on what is being expected of it.
Keywords – SoFi Technologies, Inc., SoFi Technologies, SoFi, SOFI, World Wide Web, WWW, Internet, online, personal, finance, technology, tech, fintech, student loan, credit card, investing, banking, mobile, desktop, Wall Street, equity research, past, present, future, user base, expectations.
Disclosure – The principals and clients of Ambastha Financial LLC have no positions in SOFI.
Disclaimer – No recommendations are being made via this post. Past performance is not an indicator of future performance. As an investor, you should do your own research and seek professional advice from a Registered Investment Adviser (RIA). You can lose money by investing in stocks and other instruments. Ambastha Financial LLC does not assume any responsibility (legal or otherwise) for any losses that may occur as a result of actions taken based on this post. All content copyrighted © 2021 – Ambastha Financial LLC.
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