Want to Buy the Dip on SoFi Stock? Here's a Risk You Need to Know About
It would be great if the stocks we owned could take us on a smooth journey of positive returns. But that's just not how the market works. SoFi Technologies (NASDAQ: SOFI) is a perfect example of this challenge. The digital banking powerhouse has seen its shares soar 86% in the past 12 months. However, they currently trade at a surprising 50% below their peak from February 2021. For some opportunistic investors, this dip might be too hard to ignore.But before adding the fintech stock to your portfolio, here's one risk you need to know.Continue reading
It would be great if the stocks we owned could take us on a smooth journey of positive returns. But that's just not how the market works. SoFi Technologies (NASDAQ: SOFI) is a perfect example of this challenge.
The digital banking powerhouse has seen its shares soar 86% in the past 12 months. However, they currently trade at a surprising 50% below their peak from February 2021. For some opportunistic investors, this dip might be too hard to ignore.
But before adding the fintech stock to your portfolio, here's one risk you need to know.
