SoFi Stock Has Big News. Is Now the Time to Buy?

As a young tech-focused growth enterprise, SoFi Technologies (NASDAQ: SOFI) stock usually reacts to news about company operations with big moves -- both positive and negative. The company just made an announcement that sent its stock soaring, and now looks like a good time to buy shares.Let's see what's happening and why the future looks a bit brighter for SoFi.SoFi is a fast-growing digital bank. It's attracting new members at a rapid pace, drawing them in with its low fees, easy-to-use interface, and financial innovation. Since it's small and digital, it's more agile than the standard U.S. bank, and it has a greater ability to try and implement new programs. It's also targeting a young and mobile population that's looking for a bit of a different financial experience, and SoFi's new products play into that market.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool