
SoFi Technologies Inc. ($SOFI) has reached a significant milestone, hitting $15 per share for the first time since 2021. The company has experienced a 100% increase in its stock price over the last six months. This surge is attributed to favorable financial conditions, including lower interest rates and increased loan originations. SoFi is breaking out from a three-year base of $6-$8 per share and is now $1 billion away from meeting market cap requirements to join the S&P 500 next year. Additionally, the company's Put/Call ratio stands at 16k/80k, indicating strong bullish sentiment among investors. The stock is up +3%.
$DKNG Put/Call: 7333/21k
$RDDT Put/Call: 12k/25k
$SOFI HAS HIT $15 FOR THE FIRST TIME SINCE 2021 - Financials have a tailwind going into 2025 with lower rates and more loan originations - SoFi is breaking from a 3yr base at $6-$8 - Now $1B away from meeting market cap requirements to join the S&P 500 next year $SOFI +3% https://t.co/jxgFf5irQn


