SoFi’s stock already bakes in most ‘good news’ on student lending, analyst says

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SoFi’s stock already bakes in most ‘good news’ on student lending, analyst says
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As the student-loan payment moratorium nears its end and in the wake of the Supreme Court’s move to strike down President Joe Biden’s plan to cancel up to...

As the student-loan payment moratorium nears its end and in the wake of the Supreme Court’s move to strike down President Joe Biden’s plan to cancel up to $20,000 in student debt, Oppenheimer’s Dominick Gabriele said that SoFi Technologies Inc. shares SOFI already reflect “much of this good news” around the opportunity to capture more refinancing business.

As the student-loan payment moratorium nears its end and in the wake of the Supreme Court’s move to strike down President Joe Biden’s plan to cancel up to $20,000 in student debt, Oppenheimer’s Dominick Gabriele said that SoFi Technologies Inc. shares SOFI already reflect “much of this good news” around the opportunity to capture more refinancing business.

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