In this video, Motley Fool contributor Jason Hall breaks down SoFi Technologies' (NASDAQ: SOFI) great quarterly results that helped spur the stock price higher, along with the two main reasons shares surged 20% in a single day. One of the reasons may come from an unexpected source.

*Stock prices used were from the afternoon of Jan. 29, 2024. The video was published on Jan. 30, 2024.

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Source Fool.com