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Benzinga
Benzinga
Business
Adam Eckert

SoFi Technologies Stock Is Sliding Wednesday: What's Going On?

Sofi Technology

SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower Wednesday after the company announced a public offering of common stock.

What To Know: SoFi shares rallied to new 52-week highs on Tuesday before pulling back in after-hours after the company announced an underwritten public offering of approximately 71.94 million shares of its common stock at a price of $20.85 per share.

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