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Why SoFi Technologies Stock Lost 11% in November

Why SoFi Technologies Stock Lost 11% in November

Shares of financial technology company SoFi Technologies (NASDAQ: SOFI) lost 10% of their value in November, according to data from S&P Global Market Intelligence. The company offers a multitude of financial services on its digital app, with the goal of being a one-stop shop that provides an easier, better overall experience for customers to manage their money. Its largest segment until now has been student loans, but it has expanded its services to include banking, investing, and more.