SoFi stock slips into year-end lull as Fed minutes loom
SoFi shares closed down 1.5% at $27.07 Friday in light, post-holiday trading. Investors are watching for U.S. housing data and Federal Reserve minutes this week. SoFi recently raised $1.5 billion in an equity offering and launched a dollar-backed stablecoin through its bank unit. Trading volume reached about 24.5 million shares.