SoFi Just Hit a New 52-Week High -- Can It Keep Rising?
SoFi Technologies(SOFI) The Motley Fool·2025-01-21 20:11
The stock market was having a generally strong day on Tuesday in its first day of trading since the presidential inauguration. As of 2:30 p.m. ET, the S&P 500 (^GSPC 0.78%) was higher by about three-fourths of a percentage point.SoFi (SOFI 8.82%) was a major standout. Not only was the fintech stock higher by nearly 10% for the day, but it reached a new 52-week high, continuing the strong momentum it has shown since mid-2024.Why is SoFi soaring higher?There isn't any company-specific news driving SoFi higher ...