Options Corner: SoFi Technologies' Collapse Offers A Potential Contrarian Trade - SoFi Technologies (NASDAQ:SOFI)
SoFi raised $1.5 billion at $27.50 per share, triggering an 8% drop and heavy trading as volatility increased before earnings, with volume 74% above average.
8 Articles
8 Articles
SoFi Technologies Tumbles on Underperform Rating. Is Bank of America Wrong?
Quick Read SoFi Technologies (SOFI) dropped 8% after Bank of America resumed coverage with an underperform rating and $20.50 price target. SoFi raised over $3B in capital through two 2025 equity offerings. The raises provide growth funding but dilute existing shareholders. SoFi grew from 2.5M members in 2021 to 12.6M by Q3 2024 as adjusted revenue reached $2.61B with 37% compound annual growth. If you’re focused on picking the right stocks a…
Stock Market Today, Jan. 6: SoFi Technologies Falls After $1.5 Billion Equity Sale Pressures Shares
SoFi Technologies (NASDAQ:SOFI), a digital-first consumer finance platform, closed Tuesday’s session at $26.99, down 7.82%. SoFi IPO'd in 2021 and has grown 121% since going public. Trading volume reached 118.7 million shares, about 74% above its three-month average of 68.3 million.Tuesday’s action centered on SoFi’s $1.5 billion equity raise and increasing volatility as the stock nears its earnings date.How the markets moved todayThe S&P 500 ro…
Options Corner: SoFi Technologies' Collapse Offers A Potential Contrarian Trade - SoFi Technologies (NASDAQ:SOFI)
One of the most actively traded securities on Tuesday, SoFi Technologies Inc (NASDAQ:SOFI) earned this distinction dubiously, with its security falling about 9%. Adding to the perplexing development is that there doesn't seem to be a distinct catalyst for the implosion. Possibly, SOFI stock is responding to concerns associated with excessive valuations, along with weakness in the cryptocurrency sector. Still, the red ink may be hiding a contrari…
SoFi stock slides again: Why SOFI shares are down 8% today after a 13% December drop
Shares of SoFi Technologies fell nearly 8% today, extending losses after a 13% decline in December. Todays decline is largely driven by investor reaction to SoFis planned equity raise. The fintech leader faces pressure following a $1.5 billion capital raise at $27.50 per share. Despite reaching 9.5 million members, dilution concerns and a high 45x P/E ratio are driving the sell-off.
SoFi stock sinks 8% after BofA underperform call; dilution and Jan. 30 earnings in focus
New York, January 6, 2026, 16:55 ET — After-hours SoFi Technologies Inc (SOFI.O) shares closed down 7.9% at $26.98 on Tuesday and were little changed after the bell. The stock gave back a chunk of the prior session’s rally. StockAnalysis The slide followed a Bank of America note that resumed coverage with an underperform rating and a $20.50 price target, keeping valuation concerns in play. A price target is an analyst’s estimate of where a stock…
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