Shares of several tech stocks bounced today after an intense few weeks of selling and as the market tries to determine what will happen to the economy and monetary policy in 2023. Shares of the artificial-intelligence lending-company Upstart (NASDAQ: UPST) traded 4.7% higher as of 12:05 p.m. ET today. Shares of the buy now, pay later (BNPL) company Affirm (NASDAQ: AFRM) traded 4.1% higher, while shares of digital-bank SoFi (NASDAQ: SOFI) traded as much as 4.9% higher before giving up most of those gains, as of this writing.
SAN FRANCISCO, September 27, 2022--SoFi (NASDAQ: SOFI), the digital personal finance company, announced today ‘On The Money’ a digital content hub helping members get their personal finances right with a one-stop-shop for news, trends, and tips.
There are two important things everyday investors need to remember during times like these. Shares of SoFi Technologies (NASDAQ: SOFI) have lost 64.6% of their value this year in response to rising interest rates and fear of a recession.