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NASDAQ:LC 1 January 2026

SoFi stock falls after-hours as Treasury yields tick up into year-end — what to watch next

SoFi stock falls after-hours as Treasury yields tick up into year-end — what to watch next

SoFi shares fell 1.4% to $26.18 in after-hours trading Wednesday, tracking declines across fintech lenders as the 10-year Treasury yield rose to 4.163%. About 33.8 million SoFi shares changed hands. The selloff followed a record $74.6 billion in borrowing from the Fed’s Standing Repo Facility and a dip in U.S. jobless claims. Investors await SoFi’s next earnings report, expected Jan. 26.
1 January 2026
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Stock Market Today

  • Forum Energy Technologies Sees 46% Backlog Rise, Boosting Long-Term Growth Prospects
    March 19, 2026, 3:20 PM EDT. Forum Energy Technologies (FET) enters 2026 with a 46% increase in backlog to $312 million, marking its highest year-end backlog in 11 years. The firm, a key supplier to oil, gas, and renewables sectors, reported a book-to-bill ratio of 113%, indicating orders outpaced shipments. This growth stems from its 'Beat the Market' strategy, focusing on product differentiation and expanding market reach. Despite subdued North American drilling, FET's diverse global presence and innovation pipeline provide revenue visibility and long-term growth potential. Peer companies NESR and NOV, active in oilfield services and equipment, show varied market momentum, with NESR rising 156.5% in a year and NOV maintaining steady revenue growth driven by higher-quality production projects.
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