Why SoFi Technologies, Inc. (SOFI) Is Skyrocketing

Insider Monkey01-17

We recently compiled a list of the 10 Firms Shine Amid Wall Street's Lackluster Trading. In this article, we are going to take a look at where SoFi Technologies, Inc. (NASDAQ:SOFI) stands against the ...

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(NASDAQ:SOFI) stands against the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-sofi-technologies-inc-sofi-234314934.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why SoFi Technologies, Inc. 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(SOFI) Is Skyrocketing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-01-17 07:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-sofi-technologies-inc-sofi-234314934.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We recently compiled a list of the 10 Firms Shine Amid Wall Street's Lackluster Trading. In this article, we are going to take a look at where SoFi Technologies, Inc. (NASDAQ:SOFI) stands against the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-sofi-technologies-inc-sofi-234314934.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://finance.yahoo.com/news/why-sofi-technologies-inc-sofi-234314934.html","article_id":"2504227049","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2504227049","pubTimestamp":1737070994,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"A lackluster trading persisted throughout Thursday, with Wall Street’s main indices ending the day with only marginal changes.The Dow Jones Industrial Average dipped by 0.16 percent, while the S&P 500 shed 0.21 percent, and the Nasdaq Composite declined by 0.89 percent.Meanwhile, 10 companies bucked an overall dull trading, having posted impressive gains. Let’s take a closer look at the top performers and explore the factors driving their exceptional results.To come up with Thursday’s top gainers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.SoFi Technologies, Inc.  rose for a third day on Thursday, adding 5.09 percent to close at $16.3 apiece as investors took heart from news that it raised $525 million from a loan program with PGIM Fixed Income.Edwin Wiches, managing director and co-head of securitized products at PGIM, said that SoFi Technologies, Inc. ’s personal loans represent an attractive opportunity for ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"为什么SoFi Technologies，Inc.(SOFI)正在飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOFI":1,".IXIC":0.9,"PSQ":0.6,"USJW.SI":0.6,"USAW.SI":0.6,"TSYW.SI":0.6,"TQQQ":0.6,"SQQQ":0.6,"QLD":0.6,"QID":0.6,"NVIW.SI":0.6,"NQmain":0.6,"MNQmain":0.6},"content_text":"We recently compiled a list of the 10 Firms Shine Amid Wall Street's Lackluster Trading. In this article, we are going to take a look at where SoFi Technologies, Inc. (NASDAQ:SOFI) stands against the other stocks.\nA lackluster trading persisted throughout Thursday, with Wall Street’s main indices ending the day with only marginal changes.\nThe Dow Jones Industrial Average dipped by 0.16 percent, while the S&P 500 shed 0.21 percent, and the Nasdaq Composite declined by 0.89 percent.\nMeanwhile, 10 companies bucked an overall dull trading, having posted impressive gains. Let’s take a closer look at the top performers and explore the factors driving their exceptional results.\nTo come up with Thursday’s top gainers, we considered only the stocks with at least $2 billion in market capitalization and $5 million in daily trading volume.\n A professional banker shaking hands with an entrepreneur in a boardroom setting. \nSoFi Technologies, Inc. (NASDAQ:SOFI)\nSoFi Technologies, Inc. (NASDAQ:SOFI) rose for a third day on Thursday, adding 5.09 percent to close at $16.3 apiece as investors took heart from news that it raised $525 million from a loan program with PGIM Fixed Income.\nThe transaction followed a $350 million investment from PGIM in May 2024 and builds on SoFi’s $3.9 billion in personal loan collateral sold in the third quarter of 2024 alone.\nEdwin Wiches, managing director and co-head of securitized products at PGIM, said that SoFi Technologies, Inc. (NASDAQ:SOFI)’s personal loans represent an attractive opportunity for PGIM.\n“We continue to expand our platform as an asset-based finance lender and source investments that provide compelling risk-adjusted returns for our clients with partners who put their customers first,” he said.\nOverall SOFI ranks 10th on our list of the stocks that skyrocketed today. While we acknowledge the potential of SOFI as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than SOFI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.   \nREAD NEXT: 20 Best AI Stock To Buy Now and 30 Most Important AI Stocks According to BlackRock   \nDisclosure: None. This article was originally published at Insider Monkey.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.30.2","shortVersion":"4.30.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2504227049"}