When Sofi became public stock it was reaching record high prices as new updates were coming from its press releases. The company was expected to beat many banks that practice bureaucratic procedures. However, Sofi is still far from the days when investors keep coming to buy millions of its expensive shares like Amazon or Alphabet are experiencing now.
Sofi stock is destined to cross the $10 mark soon
Roller coaster moves are making Sofi trade with a volatile pattern but it has beaten estimated Q3 and Q4 2021 earnings. Such achievement is restraining long-term investors to keep a majority of Sofi shares. They are predicting a great future for Sofi in both share price and earnings. If you already bought Sofi shares never sell them.