Published on 29 May 2024 on Zacks via Yahoo Finance
SoFi Technologies, Inc. (SOFI) Is a Trending Stock: Facts to Know Before Betting on It
SoFi Technologies, Inc. (SOFI) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this company have returned +1.6% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Technology Services industry, to which SoFi Technologies belongs, has gained 6.5% over this period. Now the key question is: Where could the stock be headed in the near term?