NEW YORK – Shares of SoFi Technologies, Inc. (NASDAQ: SOFI) are demonstrating positive momentum in today’s trading session, with the stock price climbing to 0.07, or +0.53%, signaling renewed investor confidence in the financial technology (FinTech) leader.
The market update shows SOFI trading actively on the Nasdaq, opening the day at $13.28 and surpassing its previous close of $13.30. The stock has seen an intraday range between $13.09 and $13.60, indicating healthy trading activity. This upward movement is a welcome sign for those investing in SoFi, as the company continues to navigate the dynamic FinTech landscape.
While current volume stands at approximately 13.3 million shares, investors will be watching to see if it approaches its average volume of over 59 million shares as the day progresses. SoFi’s current market capitalization is a robust $14.795 billion.
Analysts maintain a 1-year target estimate for SOFI stock at $14.13, suggesting potential for further upside from its current trading level. The company’s performance today contributes to its journey within its 52-week range of $6.01 to $18.42. As a growth-oriented FinTech firm, SoFi does not currently offer a dividend, focusing instead on reinvesting in its expansion and innovation.
Investors and market watchers will continue to monitor SoFi Technologies’ share price throughout the trading day for further developments.
FAQ: SoFi Technologies (SOFI) Stock
Q1: What is the current stock price of SoFi Technologies (SOFI)?
A: As of 10:24 AM EDT (based on the provided information), SoFi Technologies (SOFI) stock was trading at $13.37.
Q2: How much did SOFI stock change today?
A: SOFI stock increased by $0.07, which is a gain of +0.53% from its previous close, as of the time reported.
Q3: What is SoFi Technologies?
A: SoFi Technologies, Inc. is a prominent American financial technology (FinTech) company offering a wide range of financial products and services, including student loan refinancing, mortgages, personal loans, credit cards, investing, and banking through both mobile app and desktop interfaces.
Q4: On which stock exchange is SOFI traded?
A: SoFi Technologies, Inc. (SOFI) is traded on the Nasdaq Global Select Market (NasdaqGS).
Q5: What is the day’s trading range for SOFI stock?
A: Based on the information, the day’s range for SOFI stock was $13.09 – $13.60.
Q6: What is the 52-week range for SOFI stock?
A: The 52-week range for SOFI stock is $6.01 – $18.42.
Q7: What is the analyst 1-year target estimate for SOFI stock?
A: The 1-year target estimate for SOFI stock is $14.13.
Q8: Does SoFi (SOFI) pay a dividend?
A: No, according to the provided data, SoFi Technologies (SOFI) does not currently pay a dividend.
Q9: What is the market capitalization of SoFi Technologies?
A: The intraday market capitalization for SoFi Technologies is approximately $14.795 billion.
Q10: What was SoFi’s previous closing price?
A: The previous closing price for SOFI stock was $13.30.
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