SoFi Technologies Stock Price Today: Shares Steady After Muddy Waters Clash, CEO Buy and Wells Fargo Rating
SoFi Technologies shares traded at $17.05 Friday morning, down 0.2%, after a week marked by Muddy Waters’ allegation of $312 million in unrecorded debt and a neutral rating from Wells Fargo. CEO Anthony Noto bought 28,900 shares March 17. SoFi denied the short seller’s claims and said it follows U.S. GAAP rules. The company reported $1 billion in Q4 net revenue and $173.5 million in GAAP net income.