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.
Source Fool.com