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SoFi Stock: Buy, Sell, or Hold?

TheMotleyFool

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SoFi Stock: Buy, Sell, or Hold?: https://g.foolcdn.com/editorial/images/779538/students-looking-at-their-phones.jpg

SoFi Technologies (NASDAQ: SOFI) is the bank of the moment. It has been building its business over several years, moving from a lending company into a full financial services company, but it captured market attention when it had a blowout initial public offering (IPO) in 2020.

Like many IPOs in the 2021 boom, SoFi stock skyrocketed on little more than investor enthusiasm, and it's down 74% from its highs. It continues to be volatile, doubling last year but down 36% year to date.

Let's see where SoFi is today and whether you should add it to your buy list.

Source Fool.com

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