SoFi shares up; CEO Anthony Noto buys more stock ahead of Fed call
SoFi Technologies shares moved higher Wednesday. CEO Anthony Noto bought about $251,000 worth of the fintech lender’s stock, filings showed. The insider buying comes as the stock has seen a bumpy year. The stock traded up 3.2% to $18.28, topping its $17.78 opening price. More than 10 million shares changed hands. Shares outperformed Ally Financial, which gained 1.3%, and beat LendingClub's 2.8% climb. Robinhood, another trading-app company, also added 3.2%.