SoFi Technologies shares surge over 13% on optimistic growth outlook
SOFI SoFi Technologies Inc
$16.27 -0.61%
View chart & analysis → - 1SoFi Technologies shares rose more than 13% on Tuesday.
- 2SoFi achieved adjusted net revenue of $1.4 billion in the third quarter, representing a 44% increase in adjusted net revenue.
- 3CEO Anthony Noto stated that his confidence in future opportunities is greater than ever.
So what's the key point?
SoFi Technologies' revenue grew by 44% compared to the previous quarter. The stock price rose significantly due to expectations that the company will continue to grow in the future.
Source The Motley Fool +1 · View original ↗
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