SoFi stock jumps after SEC filing confirms completed share sale — what SOFI investors watch next
SoFi shares jumped 6.6% to $29.28 after an SEC filing showed underwriters exercised an option, raising the total shares sold in its offering to nearly 58 million at $27.50 each. The sale brought in about $1.6 billion before fees. Trading volume topped 73 million shares. Investors now await SoFi’s Jan. 30 earnings for updates on lending and credit.