SoFi stock rises as Wall Street debates dilution ahead of Jan. 30 earnings
SoFi Technologies shares climbed 2.5% to $27.68 Thursday after the company raised $1.59 billion in a stock sale at $27.50 per share. The move follows analyst price target changes and comes ahead of SoFi’s Jan. 30 earnings report. About 35 million shares traded by early afternoon. Other consumer-finance stocks were mixed.