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Why SoFi Technologies, Bank of America, and Fifth Third Bancorp Stocks Rallied on Wednesday

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Why SoFi Technologies, Bank of America, and Fifth Third Bancorp Stocks Rallied on Wednesday


Shares of several bank stocks rallied on Wednesday after U.S. Federal Reserve officials signaled an end to the central bank's rate hikes. When all was said and done on Wednesday, SoFi Technologies (NASDAQ: SOFI) was up 12.5%, Bank of America (NYSE: BAC) had risen 4.2%, and Fifth Third Bancorp…

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