SoFi Stock Declines 10% in 3 Months: Buy or Wait for a Cheaper Deal?

Shares of SoFi Technologies, Inc. (SOFI) have declined 10% over the past three months, mirroring the industry’s decline.Image Source: Zacks Investment ResearchGiven this drop, you may wonder if the current level offers a buy-the-dip opportunity. Let’s find out.Rate Cuts, Policy Shifts Drive SOFI's SurgeThe Federal Reserve's recent rate cuts have significantly boosted SOFI by alleviating pressure on its lending business. Lower interest rates reduce borrowing costs, encouraging more customers to take loans an ...