Here's Why SoFi Is Up Sharply on Wednesday

Here's Why SoFi Is Up Sharply on Wednesday

Rapidly growing financial technology company SoFi (NASDAQ: SOFI) is having an excellent day on Wednesday. While the stock market is performing quite well overall, with all three major averages in the green, SoFi had gained 10% as of 11 a.m. EDT. To be sure, it's important for investors to take analyst ratings and price targets with a big grain of salt.