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Stock impact report

SoFi Stock Is Down 47% Right Now. Here's What the Bears Are Missing. [Globe and Mail, The (Toronto, Canada)]

SoFi Technologies, Inc. (SOFI) 
SoFi stock may not be as expensive as you think. After three years of high growth, the stock of SoFi Technologies (NASDAQ: SOFI) has dropped like a rock this year. It's off 47% from its November high, and a recent short-seller's report hasn't helped the situation. A low price could create an opportunity, or it could also be a value trap. Here's why I think SoFi could bounce back , with responses to the misconceptions that its bears have about it. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » A SoFi logo in an office. Image source: SoFi. 1. "SoFi is just another online bank." There's some pessimism about what makes SoFi stand out from a crowded marketplace of online banks. Nearly every bank, big or small, has an online presence today, and SoFi needs a moat to be investable. To differentiate itself, t Show less Read more
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