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Is SoFi a Millionaire Maker?

TheMotleyFool

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Is SoFi a Millionaire Maker?: https://g.foolcdn.com/editorial/images/775912/sofi-nasdaq-listing-image-of-day-that-sofi-was-listed.jpg

SoFi Technologies (NASDAQ: SOFI) just reported financial results for the first quarter of 2024. And based on the fact that shares immediately fell 10% following the news, the market wasn't too pleased with the report.

That drop marks a difficult journey for this popular fintech stock. As of May 3, it sits 73% below its peak price, which was hit in February 2021.

But there are reasons to be optimistic about this company and its long-term outlook. Can SoFi be a millionaire-maker stock?

Source Fool.com

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