SoFi Technologies, Inc. (SOFI) is trading -9% lower at $6.905 today. The Financials sector is having a generally mildly bearish day, this hasn't really affected the stock's share price, as it lagging other names in the space.
- Knocked down by rising interest rates and inflation
- CEO Anthony Noto: "The depth and breadth of our portfolio allows us to allocate resources toward the best growth opportunities across our diverse offerings."
SoFi Technologies, Inc. has been trading between a 52-week high of $24.65 and a 52-week low of $4.82. The stock has a market cap of $6.37 Billion.
SoFi Technologies, Inc. operates as a financial technology company. The Company offers financial services platform for borrowing, saving, spending, and investing.
Headlines
Why Shares of Affirm, SoFi, and Upstart Are Falling Today
The Motley Fool 08-17-22
Where Will SoFi Stock Be In 5 Years?
Seeking Alpha 08-17-22
Avoid SOFI Stock Like the Plague
InvestorPlace 08-17-22
Why Upstart, SoFi, and Lemonade Shares Initially Plunged, Then Rocketed Higher Today
The Motley Fool 08-16-22
Peering Into SoFi Technologies Recent Short Interest
Benzinga 08-16-22
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:Bdonn_88 - 7 upvotes -
sourceSold roughly 1/3 of my BBBY at $24ish and used it to buy $GOEV (super lucky didn’t expect AH), $FUBO, $BNGO, $SOFI and $CLOV. Those last 2 are just volatility plays due to insanely low IV and dated a month out. $GOEV was supposed to be a volatility play as well but looks like it’s just gonna play tomorrow lol Holding the remaining 2/3 $BBBY to see it run again tomorrow and possibly Thursday
VisualMod - 4 upvotes -
source#Ban Bet Won --- /u/dmc25 (1W/0L) made a bet that SOFI would go to 7.0 when it was 7.5 and it did, congrats gigabrain.
thesaddestcuck - 3 upvotes -
sourceBye bye SOFI Hey that rhymes ![img](emote|t5_2th52|4271)
Dirtyworms26 - 3 upvotes -
sourceSOFI stock
Gullwing16 - 3 upvotes -
sourceSoFi yo
Kooky-Citron-4537 - 3 upvotes -
sourcereally tempted to sell -50% sofi for some memes
dmc25 - 2 upvotes -
sourceSOFI digging for oil
IndependentCorner312 - 2 upvotes -
sourceSofi on the daily looks super interesting
Zachjsrf - 2 upvotes -
sourceSOFI $9c 9/16 lots of volume
Zachjsrf - 2 upvotes -
sourceTLRY $7c Jan 2023 or SOFI $9c 9/16 you're welcome