If you invested $1,000 in SoFi Technologies(NASDAQ: SOFI) two years ago on June 30, 2021, your position would be worth a disappointing $470 today. That translates into a loss of 53%.

Since then, it's been a tough go for the industry, with most tech and fintech stocks that rose to meteoric valuations in 2021 struggling now. If you had invested $2,000 in SoFi in June of 2021 ...

If you invested in SoFi in early June right when it completed the merger with the SPAC and started trading independently, then you probably bought shares for about $20.