Why SoFi Stock Gained 116% in 2023

SoFi Technologies (SOFI 3.77%) stock gained 116% in 2023 according to data provided by S&P Global Market Intelligence. It demonstrated high growth, improving profitability, and overall resilience in the face of a pressured economy.SoFi is the face of a new kind of bankingSoFi operates an all-digital app that offers a suite of financial services that are user-friendly and geared toward a young demographic. It began as a student loan cooperative, and it has expanded from its humble beginnings to become a seri ...