Why SoFi stock is down today: SOFI slips in premarket as tariff jitters hit risk trade and bitcoin slides
SoFi Technologies shares dropped 1.5% to $19.02 in premarket trading Monday as U.S. stock futures fell after new tariff announcements. Bitcoin slid 2.7% and ether lost 3.2%, pressuring fintech stocks with crypto exposure. Uncertainty over tariff exemptions and timing unsettled markets. Investors await further details on tariffs and watch for crypto stabilization.