SoFi Technologies (SOFI) Stock News: Stablecoin Push, Share Offering Fallout, and Analyst Forecasts Before Markets Reopen
SoFi shares closed at $27.07 on Friday, down 1.6%, after a session with about 24.7 million shares traded. The drop follows a $1.5 billion equity raise and comes as investors weigh expansion efforts against dilution concerns. U.S. markets were quiet post-Christmas, with indexes near record highs and thin trading. SoFi’s year-to-date gain remains in the mid- to high-70% range.