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Recent performance snapshot and why SoFi is on watch

SoFi Technologies (SOFI) has drawn attention after a mixed stretch for the stock, with the price recently closing at US$16.68 and short term returns moving in different directions across the past week, month and past 3 months.

Over the past week the stock gained about 3.2%, while the past month shows a rise of roughly 3.0%. Looking at the past 3 months, the share price declined about 13.4%, even as the 1 year total return stands near 23.9% and the 3 year total return is a very large multiple of the…