SoFi stock slides as CEO Anthony Noto weighs Trump’s 10% credit-card rate cap
New York, January 12, 2026, 14:50 EST — Regular session Shares of SoFi Technologies dropped 2.4% to $26.74 in afternoon trading Monday, wiping out earlier gains. The slide came after CEO Anthony Noto highlighted potential growth in personal loans tied to President Donald Trump’s plan to cap credit-card rates. The stock had climbed as high as $28.05 before dipping to a low of $26.22.