Today: 21 July 2026
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NASDAQ:SOFI 27 May 2026 - 12 June 2026

SoFi stock falls as U.S. inflation brings back rate-hike talk for high-growth fintechs

SoFi stock falls as U.S. inflation brings back rate-hike talk for high-growth fintechs

SoFi Technologies dropped more than the overall market on Wednesday, finishing at $15.87, a loss of 60 cents. Investors rotated out of higher-volatility growth stocks after another hot inflation report kept the odds of more rate hikes on the table. Tuesday’s close hadn’t been hit by earnings news. It was the outlook on rates that shifted: Reuters said markets were now pricing in at least a 25-basis-point hike before year-end. A basis point equals one-hundredth of a percentage point.
SoFi Shares Add 2.9%; Focus Now on SOFI’s Pre-Market Action

SoFi Shares Add 2.9%; Focus Now on SOFI’s Pre-Market Action

SoFi Technologies stock stayed flat at $16.50 in premarket trading Tuesday, holding on to a 2.9% climb from Monday as the online bank and fintech firm faces investor questions after a tough patch for growth-oriented financial stocks. Regular trading on the Nasdaq kicks off at 9:30 a.m. Eastern, with pre-market action starting at 4:00 a.m.
9 June 2026
Fidelity Just Made SpaceX IPO Access Easier. The Catch Is Getting Shares

Fidelity Just Made SpaceX IPO Access Easier. The Catch Is Getting Shares

Fidelity Investments said customers with as little as $2,000 in a retail brokerage account can seek shares in SpaceX’s initial public offering, a sharp cut to the usual hurdle for new-issue access. The firm said SpaceX is reserving up to 30% of the deal for retail investors, versus the 5% to 10% Fidelity said most IPOs usually set aside for that group.
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