SoFi stock slides after SEC filing confirms extra shares sold at $27.50
New York, January 6, 2026, 10:49 (ET) — Regular session SoFi Technologies, Inc. (NASDAQ: SOFI) shares were down 7.8% at $27.01 in late morning trading on Tuesday after a filing showed the fintech completed the sale of additional shares tied to its December stock offering. Underwriters exercised an option on Jan. 2 and the company completed the issuance and sale on Jan. 5, lifting the total shares sold in the offering to 57,754,660, according to the filing. SEC The extra stock adds supply at a sensitive moment for high-growth lenders, where sentiment can turn quickly on funding costs and loan