SoFi Stock Tumbles After Surprise $1.5 Billion Share Sale — Here’s What Investors Need to Know

Sofi

Key Points SoFi shares slid nearly 6% in after-hours trading on Thursday after the company revealed plans to sell $1.5 billion worth of stock to the public. The online lender and digital banking company said in a press release that the fresh capital will go toward “general corporate purposes, including but not limited to enhancing … Read more