Is This SoFi's Biggest Risk in 2024?
The market has climbed noticeably this year, and some businesses have registered even faster growth. One such enterprise is SoFi (NASDAQ: SOFI). The digital bank's shares are up 114% in 2023 (as of Dec. 19).
Besides strong financial performance, SoFi is getting back into the investment community's good graces, even though the fintech stock remains 62% off its peak price.
As we look toward the new year, there are reasons to be optimistic about this business. However, there is also one key risk that investors shouldn't ignore. Let's take a closer look at SoFi.
Source Fool.com
