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Benzinga
Benzinga
Business
Surbhi Jain

SoFi Sinks On Stock Sale — But Palantir, Robinhood Fans Say 'This Is The Before Moment'

Apex,,North,Carolina,-,April,4,2025:,Sofi,Fintech,Banking

SoFi Technologies Inc (NASDAQ:SOFI) investors just swallowed a heavy dose of volatility vitamins. The fintech rocket ship announced a $1.5 billion underwritten public offering — around 4% dilution — sending shares tumbling over 7% in pre-market trading Friday, just a day after closing at $29.60.

  • Track SOFI stock here.
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