If You Invested $2,000 in SoFi in 2021, This Is How Much You Would Have Today
Financial services company SoFi (NASDAQ: SOFI) went public when it was bought by a special purpose acquisition company (SPAC) in late 2020 but formally began trading independently in June 2021.
The stock was a favorite among the batch of fintech companies that went public in 2020 and 2021. However, SoFi also got caught up in the bubble that formed in 2021 and popped last year.
Since then, it's been a tough go for the industry, with most tech and fintech stocks that rose to meteoric valuations in 2021 struggling now. If you had invested $2,000 in SoFi in June of 2021, here's how much you'd have now.
Source Fool.com