These rapidly growing businesses are performing much better than their beaten-down stock prices would suggest.
Whether you're new to the stock market or you've been investing for decades, the first nine months of 2022 have been rough. The NASDAQ Composite Index, which contains more growth stocks than the S&P 500, is down a frightening 27% in 2022. Shares of SoFi Technologies (NASDAQ: SOFI) have fallen around 78% since the company made its stock market debut in June of 2021.
In the latest trading session, SoFi Technologies, Inc. (SOFI) closed at $4.88, marking a +0.83% move from the previous day.