What's Going On With SoFi Technologies Stock?
Portfolio Pulse from Erica Kollmann
SoFi Technologies, Inc. (NASDAQ:SOFI) shares have lost over 15% in the last five days, continuing a downward trend. Despite this, the stock has gained nearly 30% over the last year. Jim Cramer of CNBC's 'Mad Money Lightning Round' expressed interest in buying the stock. SoFi has attracted both retail investors and short-sellers, with 11.73% of available SOFI shares being sold short.
September 22, 2023 | 4:56 pm
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SoFi Technologies' stock has been on a downward trend, losing 15% in the last five days. However, it has gained 30% over the past year. The stock has attracted attention from both retail investors and short-sellers.
The stock has been on a downward trend recently, losing 15% in the last five days. This could potentially lead to a further decrease in the short term. However, the stock has gained 30% over the past year, indicating a positive long-term trend. The interest from retail investors and short-sellers could lead to increased volatility.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100