Real-time quotes, advanced visualizations, backtesting, and much more. We will alert you to important technical developments on your portfolio & watchlist. The Dividend Yield or The divident return as a percentage of the stock price. Here you can normally see the latest stock twits on SOFI, but your cookie settings prevent this from loading. You can edit your cookie settings in our cookie consent dialog. 2 Hypergrowth Tech Stocks to Buy in 2022 and BeyondThese companies each have what it takes to transform their respective industries.
Note that the stock is in oversold territory based on its Slow Stochastic indicator — sideways movement or a bounce should not be unexpected. What an Extended Student Loan Repayment Freeze Means for SOFI StockSOFI stock hit a new 52-week low of $4.57 after President Biden announced an eighth extension to the federal student loan moratorium. This penchant for calls isn’t unusual considering options traders’ bullish sentiment over the past 10 weeks. At the International Securities Exchange , Cboe Options Exchange , and NASDAQ OMX PHLX , SOFI’s 50-day call/put volume ratio of 5.39 ranks higher than 94% of readings from the past year. Real-time analyst ratings, insider transactions, earnings data, and more.
For its part, SoFi forecast about $100 million less in revenue by cutting out student loan refinancing due to the federal government moratorium extension from May 1 until August 31. Real-time, to historical, fundamental and reference data; all asset classes – equities, ETFs, crypto, options, FX, futures, bonds, credit markets and more. Xignite has been delivering innovative market data APIs for two decades. The convergence of zero-cost trading, fractional shares, and the effects of the pandemic have awakened a new generation of investors empowered with a whole new set of expectations. The opportunity is enormous and the fight to earn the business of those investors rages on. Its outcome will shape financial services for years to come.
But given therising importance of retail investors– as we’ve seen with GameStop – issuers might be more incentivized to offer some allocation. The key investor takeaway is that SoFi’s business isn’t as impacted by student loan forgiveness as perceived by the market. Due to a focus on higher income borrowers, the business appears a lot less impacted by inflation and recessionary pressures on lower-income consumers. The student loan forgiveness concept is even more bizarre considering such a program already exists.
The delivery companies hope the cards will reinforce customer loyalty; the banks aim to diversify beyond travel rewards cards. The bank-account product will be linked to a Mastercard debit card issued by MetaBank. Sign up for what sim card does blu phone use our fintech newsletter to get the a16z take on the future of fintech. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article.