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SoFi (SOFI) Stock Experiences Volatile Trading, Edges Lower in Midday Session

MARKET UPDATE – Shares of SoFi Technologies Inc. (NASDAQ: SOFI) are navigating a choppy trading session on June 3rd, currently posting a slight decline. As of 12:10 PM EDT, SOFI stock was trading at 13.58 USD, down -0.085 (0.62%) for the day.

The fintech and digital personal finance company saw its stock open at $13.71, slightly above its previous close of $13.67. Early trading pushed the stock price to an intraday high of $13.82. However, this initial momentum was not sustained, with SoFi stock subsequently retreating to an intraday low of $13.53 before settling near its current level.

This volatility indicates active trading and a tug-of-war between buyers and sellers for SoFi shares. The company currently holds a market capitalization of approximately $15.03 billion and trades with a P/E ratio of 32.48. SoFi Technologies does not currently offer a dividend yield.

The 52-week trading range for SOFI stock is $6.01 to $18.42. Today’s price action remains well within this established range. Investors will be keeping a close eye on SoFi Technologies for the remainder of the trading day to see if a clearer trend emerges.


Frequently Asked Questions (FAQ) about SoFi Technologies Inc. (SOFI) Stock:

Q1: What is the current stock price of SoFi Technologies Inc.?
A: As of 12:10 PM EDT on June 3rd, the stock price of SoFi Technologies Inc. (SOFI) was 13.58 USD.

Q2: What is the stock ticker symbol for SoFi Technologies Inc.?
A: The stock ticker symbol for SoFi Technologies Inc. is SOFI. It trades on the NASDAQ.

Q3: How has SoFi (SOFI) stock performed today?
A: As of early afternoon, SOFI stock was down -0.085 (0.62%). It opened at $13.71, reached an intraday high of $13.82, and an intraday low of $13.53.

Q4: What was the previous closing price for SOFI stock?
A: The previous closing price for SoFi Technologies Inc. stock was $13.67.

Q5: What is the 52-week trading range for SoFi stock?
A: The 52-week high for SOFI stock is $18.42, and the 52-week low is $6.01.

Q6: Does SoFi Technologies Inc. (SOFI) pay a dividend?
A: According to the provided data, SoFi Technologies Inc. does not currently have a listed dividend yield.

Q7: What is the P/E ratio and market capitalization of SoFi (SOFI)?
A: The P/E ratio for SOFI stock is 32.48, and its market capitalization is approximately $15.03 billion.

Q8: What does SoFi Technologies Inc. do?
A: SoFi Technologies Inc. is a digital personal finance company and a fintech leader, offering a suite of financial products including student loan refinancing, mortgages, personal loans, credit cards, investing, and banking services through both mobile app and desktop interfaces.

Q9: Where can I find more information on SoFi (SOFI) stock?
A: You can find more information on SOFI stock on major financial news websites (like Yahoo Finance, Bloomberg, Reuters), brokerage platforms, and the official SoFi Technologies Inc. investor relations website by searching for its ticker symbol “SOFI”.

Disclaimer: This article is for informational and educational purposes only and is based on the analysis of a single image. It should not be considered financial or investment advice. Trading stocks involves significant risk, and you should always conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions.

Akshat Gupta

I was a stock market content writer on Reuters and Marketwatch website, now I am giving you information about stock market in collaboration with DailyChhattisgarh
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