SoFi stock slips as SEC filing details adviser pay for retiring general counsel; earnings next
SoFi shares fell 1.1% to $27.40 Friday after the company disclosed a new paid adviser role for former general counsel Stephen Simcock, who retired Dec. 31. Simcock will receive $83,333.33 per month and COBRA subsidies through the end of 2026. Investors await U.S. inflation data and SoFi’s Jan. 30 earnings report. About 43.8 million shares traded in the session.