New York, January 11, 2026, 07:08 EST — Market closed.
- SoFi shares ended Friday’s session at $27.40, slipping roughly 1.1%.
- An SEC filing revealed that retiring general counsel Stephen Simcock took on a paid advisory role.
- Attention shifts to Tuesday’s U.S. CPI report and SoFi’s earnings due January 30.
Shares of SoFi Technologies slipped 1.1% to close at $27.40 on Friday, as investors digested a recent update on the company’s top legal team. The Nasdaq-traded fintech swung between $27.25 and $28.37 during the session, with around 44 million shares traded.
This is key now since the stock has been trading as if it’s tied to interest rates: macro data shifts bond yields, which in turn influence lender valuations. Next week, fresh inflation figures drop alongside a steady stream of earnings reports. With SoFi’s own earnings on the horizon, expect positioning to start reflecting in the daily action.
SoFi often moves sharply on its guidance. As a lender relying heavily on personal loans and deposits, investors zero in on loan growth, funding costs, and credit trends—not just overall revenue numbers.
SoFi disclosed in a Form 8-K on Friday that Stephen Simcock is stepping down as general counsel, effective Dec. 31, 2025. He’ll transition to an advisory role from Jan. 5 through Dec. 31, 2026. The company will pay him $83,333.33 monthly, plus cover COBRA subsidies for continued health insurance under the U.S. federal program. 1
Broader markets ended the week at new highs, shrugging off a weaker-than-expected U.S. jobs report that barely shifted bets on Federal Reserve rate cuts later this year. “Payrolls were a little bit light relative to consensus, but still fairly strong numbers,” noted Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. 2
The next big macro number drops Tuesday: the U.S. Consumer Price Index for December, hitting at 8:30 a.m. ET. This CPI figure is crucial—it shapes rate forecasts and can move rate-sensitive financial stocks in a flash. 3
On the near-term calendar, investors are eyeing the Federal Reserve’s policy meeting set for Jan. 27–28, a key event that could signal changes to the central bank’s rate trajectory. 4
SoFi’s next key event is its Q4 and full-year earnings call set for Jan. 30 at 8:00 a.m. ET. Investors will zero in on loan growth, credit loss provisions, and any updates on funding costs — the gap between loan income and funding expenses, a major factor in earnings potential. 5
The setup works both ways. If inflation spikes beyond forecasts and drives yields higher, fintech lender valuations could shrink fast. Even one quarter of weaker credit trends might overshadow a strong revenue beat.
