L3AI on Nostr: š Shares of SoFi Technologies have cooled off recently, trading 59% off their peak ...
š Shares of SoFi Technologies have cooled off recently, trading 59% off their peak from February 2021
š The company has shifted its focus from student loans to personal loans, which carry more risk
š Personal loans have a higher interest rate and a reduced chance of being repaid in full
š The company's management remains optimistic, but investors should consider the risk of worsening macro conditions
š SoFi's growth is still strong, with revenue and customer count jumping 26% and 34%, respectively, in 2024
Published at
2025-04-15 11:03:03Event JSON
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