Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Will SoFi Hit $10 in 2023?

TheMotleyFool

0 0

It has been a difficult year for SoFi (NASDAQ: SOFI) shareholders, with shares of the one-stop-shop financial services company down a whopping 70% so far this year.

Like most tech and fintech stocks, the company has struggled in the face of rising interest rates, volatile market conditions, and a bleak economic outlook including the potential for a recession sometime in 2023 or 2024. SoFi now trades at about $4.45 per share and has a $4.2 billion market cap.

Can the company recover next year and get back up to $10 per share, a level it traded above all throughout 2021? Let's take a look.

Source Fool.com

Like: 0

SOFI

Share