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Why Fintech Stocks Upstart, SoFi, and Affirm Were Flying Today

Why Fintech Stocks Upstart, SoFi, and Affirm Were Flying Today

Shares of fintech firms Upstart (NASDAQ: UPST), SoFi Technologies (NASDAQ: SOFI), and Affirm (NASDAQ: AFRM) were rallying today, up 6.1%, 3.7%, and 7.9%, respectively, as of 3:36 p.m. ET. Today's rally appears to be all about interest rates.