Shares of SoFi Technologies Inc. (NASDAQ: SOFI), the popular digital personal finance company, are experiencing a slight pullback in today’s trading session, May 28th, as the market digests recent movements in the fintech sector.
As of 12:17 PM GMT-4, SOFI stock is trading at 0.19, or 1.38%. The downward trend for the day indicates some selling pressure or consolidation after previous activity.
SoFi Technologies opened the trading day at $13.39, matching its previous closing price. The stock has seen an intraday high of $13.43 and a low of $13.13, suggesting a relatively tight trading range so far. The current price indicates the stock is slightly off its opening mark.
The company currently commands a market capitalization of 1.46KCr and has a P/E ratio of 31.57. Information regarding a dividend yield is listed as not applicable at this time. Over the past year, SoFi’s stock has navigated a range between a 52-week low of $6.01 and a 52-week high of $18.42, showcasing its potential for significant price movement.
The intraday chart indicates a gradual decline from the opening, with some minor attempts at recovery before settling around the current $13.20 level. Investors in the dynamic fintech space often monitor SoFi closely for its innovative financial products and growth trajectory. Today’s slight dip could be attributed to broader market sentiment, sector-specific news, or simply profit-taking by some investors.
