SoFi shares are trading higher after the US Supreme Court blocked Biden's student loan forgiveness program.
Portfolio Pulse from Benzinga Newsdesk
SoFi shares are trading higher after the US Supreme Court blocked Biden's student loan forgiveness program. This decision could potentially increase the demand for SoFi's loan refinancing services.
June 30, 2023 | 2:46 pm
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SoFi's stock is trading higher due to the Supreme Court's decision to block Biden's student loan forgiveness program. This could lead to increased demand for SoFi's loan refinancing services.
The Supreme Court's decision to block the student loan forgiveness program could lead to more students seeking loan refinancing services, which is a core business for SoFi. This could potentially increase SoFi's revenues and positively impact its stock price.
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