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home / news releases / should you buy sofi while it s below 7


SOFI - Should You Buy SoFi While It's Below $7?

2024-06-16 07:00:00 ET

It hasn't been a pleasant ride for SoFi Technologies (NASDAQ: SOFI) investors. As of this writing, the shares trade about 74% below their all-time high.

But this fintech stock is up 48% since the start of 2023 (as of June 13), although it has certainly been a bumpy journey. Perhaps this momentum has caught the attention of investors.

With the shares now trading for less than $7, is SoFi stock worth buying? To find out, let's consider both the bear and bull cases.

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Should You Buy SoFi While It's Below $7?
Stock Information

Company Name: SoFi Technologies Inc.
Stock Symbol: SOFI
Market: NYSE
Website: sofi.com

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