Why SoFi Stock Soared This Past Week

Why SoFi Stock Soared This Past Week

Shares of SoFi Technologies (NASDAQ: SOFI) jumped 26% last week, according to data from S&P Global Market Intelligence. Investors are excited about the online personal finance company's impressive customer growth and progress toward sustained profitability. With rates as high as 3.75%, Sofi's high-yield savings accounts are proving widely popular among people seeking to maximize their interest income.