I wrote about SoFi Technologies (NASDAQ:SOFI) at the end of July. At the time, I said SOFI stock would hit $20 by the end of 2021.  Source: rafapress / Shutterstock.com So far, I’m losing that battle. SoFi shares lost 9.85% in August, set to open September trading at $14.18 a piece. By comparison, the JPMorgan…

This is my first time writing about SoFi (NASDAQ:SOFI) since the company went public on June 1, 2021. I believed that SOFI stock would perform well once the reverse merger was completed. Source: rafapress / Shutterstock.com At the time I wrote the following:   Once the merger is complete and IPOE stock becomes SOFI stock, it seems…

Financial technology (fintech) disruptor SoFi Technologies (NASDAQ:SOFI) stock is up over 20% year-to-date. However, since early June SOFI stock has lost about 35% of its value. Source: rafapress / Shutterstock.com On June 1, the company went public through a reverse merger with Social Capital Hedosophia Corp., a special purpose acquisition company (SPAC). SOFI stock ended its…