Why SoFi Stock Skyrocketed by 37% in June
SoFi Technologies (NASDAQ: SOFI) stock jumped 37% in June, according to data from S&P Global Market Intelligence. Investors were feeling good about the economy, and toward the end of the month, SoFi made an exciting announcement about cryptocurrency.
SoFi started out as a loan co-operative for university students, but it didn't take long for it to expand and offer a growing number of services on its all-digital platform. It caught the wave of digital banking as it was rising, and it's been well positioned for high growth.
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Source Fool.com
