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Shares are down substantially in 2022, and investors would like to know why.
SoFi's (SOFI 3.69%) bank charter is helping it gain customers and a lower-cost funding source. The momentum is fueling revenue and profit growth. This video will highlight SoFi stock's efforts to attract more than 10 million customers.
Stock prices used were the afternoon prices of Nov. 1, 2022. The video was published on Nov. 4, 2022.
Parkev Tatevosian has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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