Open: 26.18 Close: 26.09 Change: -0.09

Today's Summary

SoFi Technologies closed its $1.5 billion equity sale today at $27.50 per share, prompting the market to drop its shares below this price. SoFi closed Tuesdays session at $26.99, down 7.82%. Wall Street expectations for 25% revenue growth in 2026, combined with the companyys burgeoning platform. SoFi Technologies (SOFI) stock decreased by 8% on January 6. The recent decline points to renewed worries about equity dilution, its elevated valuation, and crypto exposure. SoFi executed the equity sale at $27.50 per share, leading to the creation of millions of new shares, thus diluting the value of existing shareholder equity.