SoFi Technologies Defies Market Trends with Promising Growth Potential

SoFi Technologies (SOFI) stock continues to rise, gaining 1% despite a broader market downturn, including a 2% drop in the Nasdaq index. The stock has surged 93% over the past three months, driven by strong third-quarter results and potential benefits from deregulation under a new Trump presidency. While fintech stocks like PayPal and Block have also risen post-election, SOFI holds a consensus Hold rating from analysts, with a price target suggesting a potential downside.