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Why I'm Buying SoFi Stock Despite the First Republic Bank Collapse

A broken stock does not mean a broken company.

By Neil Rozenbaum – May 8, 2023 at 10:52AM EST

In this video, I will explain why I'm buying more shares of SoFi Technologies (SOFI 1.56%) despite First Republic Bank's collapse.

*Stock prices used were from the trading day of May 5, 2023. The video was published on May 7, 2023.

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Neil Rozenbaum has positions in SoFi Technologies. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Neil 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.

Stocks Mentioned

SoFi Technologies Stock Quote
SoFi Technologies
NASDAQ: SOFI
$15.75
(-1.56%)-$0.25

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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