Why SoFi Stock Can Rise Another 60% After Blowout Q4 Results

Shares of fintech firm SoFi Technologies (NASDAQ:SOFI) surged nearly 20% on Monday after the company reported its first-ever profit. Media reports salivated over the 2-cents-per-share earnings, driven by a 44% jump in total new members and strong performance from its tech platform and financial services segments.More upside is likely on the way. SoFi’s fourth-quarter numbers show that the firm has also successfully attracted customers beyond its original base. During the quarter, the San Francisco-based fir ...