SoFi Technologies, Inc. (NASDAQ:SOFI) is one of the 10 Best Financial Stocks to Buy for the Long Term. Despite beating Wall Street estimates in the fourth quarter, SoFi Technologies, Inc. (NASDAQ:SOFI) has seen several price target cuts from analysts following the earnings report. On February 2, Needham analyst Kyle Peterson lowered the company’s price target…
Shares of SoFi Technologies (SOFI) rose on Thursday after the company unveiled its first stablecoin called SoFiUSD. This is a major development in their overall blockchain strategy. This development comes on the heels of SoFi Technologies’ launch of SoFi Crypto. It appears that SoFi Technologies has embarked on accelerating its expansion plan in the crypto…
Shares of SoFi Technologies (SOFI) plunged about 7% on Dec. 5 after the fintech announced a $1.5 billion convertible note offering, raising concerns of immediate dilution. The sell-off pushed SOFI decisively below its 100-day moving average (MA) on Friday, indicating continued bearish momentum in the near to medium term. Following today’s drop, SoFi stock is…
