Financial technology company SoFi Technologies, Inc. ($SOFI) has experienced a significant rebound in its stock price. After falling nearly 85% from its 2021 peak to mid-2023, $SOFI's stock has surged approximately 43% since hitting its bottom on August 7th, 2023. This recovery is attributed to market expectations of heavy rate cuts into 2025. Despite facing headwinds over the past three years and anticipating further challenges, SoFi remains a top trending ticker, with a 7.88% increase at the open on October 14, 2024.