Sofi stock price last month trended with high beta to the Nasdaq

Sofi stock price last month trended with high beta to the Nasdaq Composite, magnifying gains from tech rallies. Momentum indicators suggest possible continuation of trend towards $9. Moomoo isn't just for trading — it's also one of the most attractive places to park cash. New users can earn a promotional 8.1% APY on uninvested cash , combining a 3.85% base rate with a 4.25% booster once activated. On top of that, eligible new users can also score up to $1,000 in free Nvidia stock—but the real draw here is the ability to earn bank-beating interest rates without having to move into riskier assets. Helpful background music in Washington also seems to be playing a role. The GOP budget bill President Trump signed into law last month will reduce federal student lending , likely pushing more borrowers toward private lenders like SoFi. Sofi stock price last month was driven by investor speculation ahead of Federal Reserve policy announcements. Short interest fell by 5%, indicating reduced pessimism. Watch for breakouts above $9.30 in coming weeks.