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Is SoFi Stock a Buy?


Although its stock is still down about 18% since its initial public offering (IPO) in June 2020, SoFi Technologies (NASDAQ: SOFI) has had a monster year in 2023. Shares have risen 78% this year alone, as investors have clearly warmed up to the digital bank. 

This might prompt some to try to ride the momentum. But there's a lot that investors need to know about SoFi before making an informed investment decision. 

So, should you buy the shares today? Let's take a closer look at this fintech stock. 

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Source Fool.com

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