SoFi Technologies Stock Slides 4% Despite $3.6 Billion Funding Deals as Short-Seller Cloud Lingers
SoFi Technologies dropped roughly 4.2% to $15.23 late Friday, following its announcement of over $3.6 billion in anticipated personal-loan funding agreements with three new partners. Investors kept selling, despite SoFi’s efforts to highlight ongoing strong demand for its lending platform.
