Great News for SoFi Stock Investors

By Parkev Tatevosian, CFA – Jun 4, 2023 at 4:00AM

NASDAQ: SOFI

SoFi Technologies

Market Cap

$8B

Today's Change

(1.97%) $0.14

Current Price

$7.25

Price as of April 22, 2024, 4:00 p.m. ET

SoFi's focus on higher-quality customers is paying off.

Fool.com contributor and finance professor Parkev Tatevosian discusses how lower default rates are benefiting SoFi (SOFI 1.97%) stock investors.

*Stock prices used were the afternoon prices of May 31, 2023. The video was published on June 2, 2023.

Parkev Tatevosian, CFA 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.