• Home
  •    >   Blog
  • November 20, 2021
  • by Admin

Wait for a Pullback to Buy SoFi Technologies

Wait for a Pullback to Buy SoFi Technologies Long-term investors should consider buying SOFI stock after a potential decline Financial technology startup SoFi Technologies (NASDAQ: SOFI ) went online public as SOFI stock on Jun. 1 via a reverse-merger with a special purpose acquisition company (SPAC) called Social Capital Hedosophia Corp. V . As a result, SoFi raised $2.4 billion in cash proceeds to be used for further expansion strategies. Commonly referred to as blank-check companies, SPACs have become extremely popular lately. Instead of going through a long and usually difficult initial public offering (IPO) process, a large number...
Read More

Recent Blogs