New York, Jan 14, 2026, 14:55 (EST) — Regular session.
SoFi Technologies shares dropped 3.1% to $26.31 in afternoon trading Wednesday, after fluctuating between $27.13 and $25.93 earlier. Trading volume hit roughly 30.6 million shares.
SoFi is approaching its upcoming quarterly report with more dilution on the horizon. A recent filing revealed the digital lender sold shares at $27.50 each in a public offering, then issued additional stock after underwriters tapped their option to sell extra shares, pushing the total number sold to 57,754,660. 1
Policy headlines are now making their way into the market chatter. Bank leaders pushed back on the White House proposal to impose a one-year 10% cap on credit-card interest rates. JPMorgan’s Jamie Dimon warned, “If it happened the way it was described, it would be dramatic.” Citi CFO Mark Mason weighed in, calling the interest-rate cap a “very negative impact on the economy,” according to 5 .
San Francisco-based SoFi announced Wednesday it will match the federal government’s $1,000 “seed” contribution for eligible employees’ children via new tax-advantaged investment accounts. These accounts are designed to offer tax benefits on investment returns. The company highlighted the federal pilot program, dubbed “Trump Accounts,” which provides a $1,000 deposit from the U.S. Treasury for children born between 2025 and 2028. “When it comes to helping people get their money right, few things matter more than investing early, and nothing is earlier than day one,” said CEO Anthony Noto. 2
The stock fell amid a wider downturn in U.S. equities, dragged down by losses in bank and tech sectors. The S&P 500 slipped 0.8%, while the Nasdaq dropped 1.5% as traders weighed bank earnings alongside a retreat in major tech stocks, the Associated Press reported. 3
SoFi’s pressing issue now: can fresh initiatives and policy chatter actually drive real growth — bigger account numbers, increased funded loans, higher fee income — all without credit losses jumping significantly?
Potential gains from credit-card disruption are far from clear-cut. A rate cap would require Congress to step in, and the specifics are still vague. Plus, if borrowers change their habits, weaker credits might turn to personal loans—raising charge-offs if the economy takes a downturn.
All eyes are on Jan. 30, when SoFi will release its fourth-quarter and full-year results at about 7 a.m. ET, followed by a conference call at 8 a.m. ET. 4
