SoFi stock steadies near $29 after share-sale update; what to watch before Jan. 30 earnings
SoFi Technologies shares slipped 0.1% to $29.26 premarket after a filing showed banks exercised an over-allotment option, bringing the total stock offering to 57.75 million shares at $27.50 each for about $1.6 billion in gross proceeds. The move clarifies recent dilution ahead of SoFi’s Jan. 30 earnings report. Traders are watching Fed signals and U.S. data for rate direction.