Great News for SoFi Stock Investors

By Parkev Tatevosian, CFA – May 2, 2024 at 5:05AM

NASDAQ: SOFI

SoFi Technologies

Market Cap

$8B

Today's Change

(-2.06%) -$0.15

Current Price

$7.12

Price as of May 16, 2024, 4:00 p.m. ET

SoFi did an excellent job de-risking the business in the latest quarter.

Fool.com contributor Parkev Tatevosian discusses what the news could mean for SoFi (SOFI -2.06%) stock investors.

*Stock prices used were the afternoon prices of April 29, 2024. The video was published on May 1, 2024.

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.