SoFi Technologies made its public debut in 2021 via a SPAC merger, gaining significant capital to enhance its technology and expand its financial services offerings.
After experiencing a 150% increase post-IPO, SoFi’s stock has since faced challenges, trading at $13.63, reflecting a 47.13% decline from its initial price.
Current projections estimate a 28.83% upside potential for SoFi’s stock by the end of the decade, showcasing investor optimism for its recovery.
SoFi, originally focused on student loans, has evolved into a comprehensive financial solutions platform targeting affluent clients with a diverse range of products.
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