SoFi Stock Moves After Dollar Stablecoin Launches in App
SoFi Technologies shares traded higher Wednesday after the company launched its SoFiUSD stablecoin in its app for close to 15 million members. Investors got a new angle on the stock, which has struggled this year. The shares were at $16.17, up 20 cents, after hitting $16.68 earlier in the day.
