Will SoFi Reach a New All-Time High Before the End of 2025?
SoFi (NASDAQ: SOFI) has been a strong performer for investors, with shares up by 135% over the past year, but the stock is still a long way from its all-time high.SoFi's all-time high came in 2021, shortly after it went public through a special purpose acquisition company, or SPAC. Shares peaked at about $27, but it's fair to say that this was mainly due to the speculative bubble that was going on, especially in SPACs, at the time. By virtually every metric, SoFi is a far stronger business today than it was back then.Image source: Getty Images.Continue reading
SoFi (NASDAQ: SOFI) has been a strong performer for investors, with shares up by 135% over the past year, but the stock is still a long way from its all-time high.
SoFi's all-time high came in 2021, shortly after it went public through a special purpose acquisition company, or SPAC. Shares peaked at about $27, but it's fair to say that this was mainly due to the speculative bubble that was going on, especially in SPACs, at the time. By virtually every metric, SoFi is a far stronger business today than it was back then.
Image source: Getty Images.
