|Bid||0.00 x 28000|
|Ask||0.00 x 41800|
|Day's Range||5.08 - 5.51|
|52 Week Range||4.82 - 24.65|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 02, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.46|
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There are two important things everyday investors need to remember during times like these. Shares of SoFi Technologies (NASDAQ: SOFI) have lost 64.6% of their value this year in response to rising interest rates and fear of a recession.
SoFi Technologies, Inc. (SOFI) closed at $5.31 in the latest trading session, marking a -0.93% move from the prior day.
Shares of several payments and fintech stocks struggled to shake off a hangover from the Federal Reserve's September meeting yesterday, in which the Fed delivered another big rate hike. Shares of the large payments rail Mastercard (NYSE: MA) traded nearly 1.5% lower in the final hour of trading today. Shares of the buy now, pay later (BNPL) company Affirm (NASDAQ: AFRM) traded more than 6% lower, and shares of digital bank SoFi (NASDAQ: SOFI) were down nearly 5%.