Fool.com contributor and finance professor Parkev Tatevosian looks at how successful SoFi (SOFI +0.04%) has been in retaining customer deposits.
*Stock prices used were the afternoon prices of May 11, 2023. The video was published on May 13, 2023.
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With interest rates rising, people are looking to move their money to higher-yielding places.
Fool.com contributor and finance professor Parkev Tatevosian looks at how successful SoFi (SOFI +0.04%) has been in retaining customer deposits.
*Stock prices used were the afternoon prices of May 11, 2023. The video was published on May 13, 2023.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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