#SOFI) stock

San Francisco-based SoFi got approval from its two key regulators to become a bank holding company. Shares of the fintech spiked more than 16% in after-hours trading following the announcement. "This important step allows us to add to our broad suite of financial products and services to better be there...

Shares of SoFi Technologies Inc. are surging Wednesday after the financial-technology company said that it won regulatory approval to become a bank-holding company. The company announced late Tuesday that it won approval from the Office of the Comptroller of the Currency and the Federal Reserve for its plans to become a national bank by acquiring Golden Pacific Bancorp Inc., a small community bank, and operating a bank subsidiary.

It's been a growth stock bloodbath. We share data on 50 top growth stocks that are down big. We then dive into three from the list that are particularly attractive. If you are an income-focused investor, you may get some satisfaction seeing the now dramatically deflated growth stock bubble (and knowing you dodged a bit of a bullet on that one!). However, you may also be well-served to take advantage of the significant opportunities it now presents.

Growth optionality is paramount for SoFi investors, with solid growth in all three segments. Despite student loan headwinds, SoFi's growth rates are more robust than ever. Down over 40% from its 52-week highs, SoFi's stock prices offer long-term value. As gut-wrenching as the tech sell-off in 2021 has felt for...

The Federal Reserve is indicating it could raise interest rates as soon as March. The December minutes showed the Fed could start to shrink its balance sheet after the first rate hike begins. Shrinking the balance sheet could lead to higher bond yields, which is not great for tech and...

There's almost too much information about the stock market out there. It can be confusing to know where to start. There's no one-size-fits-all investing plan, but there's a general outline you can follow for success. You need to define what you're hoping to accomplish, come up with a strategy to meet those goals, and find the best investments to execute that strategy. My own approach might not be perfect for you, but it might give you some helpful ideas.

Many richly valued growth stocks have seen sharp sell-offs in recent months. SoFi provides a wide range of digital financial services through a single mobile app. The stock currently trades at 12.6 times sales, near the bottom of its historical valuation. Popular venture capitalist Chamath Palihapitiya took SoFi Technologies (NASDAQ:SOFI)...

SoFi Technologies' stock has fallen from recent highs despite the company' long-term prospects. A lot of good news might be on the way for SoFi shareholders. Receiving a national bank charter might set the stock off in 2022. Versatile fintech Sofi Technologies (NASDAQ:SOFI) was one of the most notable companies...

SoFi Technologies (NASDAQ:SOFI) stock is on the move Tuesday as investors discuss a potential bank charter for the company. Let’s dive into what a bank charter would mean for the company and why investors are hoping for one. SoFi gaining a bank charter would open it up to more...

In this clip from Motley Fool Live, recorded on Dec. 9, Motley Fool contributors Matt Frankel and Jason Hall discuss one company that rocketed from a student loan lender to a full-service financial services company. Matt Frankel: This is SoFi (NASDAQ:SOFI). SoFi is a financial technology company. They went public...

For years now, stocks have generally been on a bull run. As a result, the prices of more than a few have climbed mountain-high and can really produce sticker shock. But the wonderful thing about the broad and deep U.S. equity market is that there are more than a few inexpensive titles that won't induce such a startling response. Here's a look at a trio of growth stocks cheaper than an Andrew Jackson -- Matterport (NASDAQ:MTTR), Palantir Technologies (NYSE:PLTR), and SoFi Technologies (NASDAQ:SOFI).

The Labor Department reported fewer jobless claims than what experts had been projecting. Fintech stocks have sold off broadly over the past few months. Valuations are better, although not necessarily cheap. What happened. Shares of many fintech stocks bounced higher on the second-to-last day of trading in 2021, which seemed...

After a brutal two days of action — where the Nasdaq Composite fell 757 points or almost 5% — stocks stabilized a bit on Thursday. With that in mind, let’s look at a few top stock trades going into Friday. Don’t forget, we’ll get the monthly labor report tomorrow before the open.

In 2020 and 2021, special purpose acquisition companies looked like a sure profit. Companies could reverse merge and get access to cash. After the SPAC, there are a few companies that operating in promising growth areas but have more downside ahead. Astra Space (ASTR) trades at around $5.00 already. When...

Today's video focuses on bullish and bearish points for Sofi (NASDAQ:SOFI), PayPal (NASDAQ:PYPL), and Block (NYSE:SQ). The stock price of all three stocks has taken a massive hit in the past month. Here are some highlights from the video. Sofi has created a strong flywheel effect to attract new customers...

Today's video focuses on Sofi Technologies (NASDAQ:SOFI) and how the extension of the student loan payment pause may impact its lending segment. Here are some highlights from the video. As student loan interest rates remain at zero for federal loans, it eliminates the incentives for borrowers to move into a...

SoFi has doubled its members in a year to 2.9 million. The company had record revenue in the third quarter. It is in the process of getting its bank charter, which could be a game changer. You don't necessarily need a lot of money to invest in the stock market....

SoFi Technologies Inc. - Common Stock's (NASDAQ:SOFI) short percent of float has risen 19.52% since last its last report. The company recently reported that it has 56.55 million shares sold short, which is 9.98% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.9 days to cover their short positions on average.

Digital World Acquisition (NASDAQ:DWAC) stock is rallying higher on Tuesday even without any recent news from the special purpose acquisition company (SPAC). Digital World Acquisition is a SPAC set to merge with former President Donald Trump’s media brand and take it public. While there’s no news from DWAC today, we’ve seen unexplained rises in the stock before as it’s become similar to a meme stock prior to the merger.