51% Gainer - Today's Swing Trade Profits - Tips for Success & Risk Management

51% Gainer - Today's Swing Trade Profits - Tips for Success & Risk Management. On Monday October 14, 2024 SoFi dropped news which caused the stock to gap up and set a new 52 week high. SoFi announced a $2 billion loan platform business agreement for personal loans with funds managed by affiliates of Fortress Investment Group LLC. The agreement will expand SoFi's capabilities in its loan platform business, where the company refers pre-qualified borrowers to loan origination partners as well as originates loans on behalf of third parties. #TonyDenaro #SOFI #swingtrades

Due Diligence Links:
1) SOFI Press release: https://investors.sofi.com/news/news-details/2024/SoFi-Expands-Loan-Platform-Business-with-2-Billion-Agreement-with-Fortress-Investment-Group/default.aspx
2) MarketWatch Article on SOFI: https://www.marketwatch.com/story/why-sofis-stock-is-on-track-for-its-highest-close-of-the-year-1d94803e

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DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. These are Tony's opinions, not specific investment or legal advice for you. Always do your own due diligence, read company filings and financial statements and seek a duly licensed professional for investment, tax or legal advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material.