SoFi Technologies, Inc. Common Stock
SOFISoFi Technologies, Inc. is a financial technology company that offers a range of financial services, including personal and student loans, mortgage refinancing, banking, investing, and insurance. Founded in 2011, it aims to provide integrated financial products through a digital platform, focusing on enhancing the client experience with innovative technology and user-friendly services.
Company News
SoFi Technologies has shown impressive growth, increasing customers from 11.7 million to 12.6 million and experiencing 38% revenue growth. The company aims to become a top 10 financial institution, with rapidly expanding earnings and a digital-only business model positioning it for potential long-term success.
SoFi Technologies announced a $1.5 billion stock offering of 54.5 million shares at $27.50 each, causing premarket stock decline. Despite strong 2025 performance with 92% year-to-date growth, the offering raises concerns about potential stock dilution.
SoFi Technologies announced a public offering of 54.5 million shares at $27.50 each, aiming to raise approximately $1.5 billion to enhance capital position and fund growth opportunities. The stock price dropped in premarket trading following the announcement.
Jared and Katherine Solomon, co-founders of Five Iron Golf, have invested in the New York Golf Club, the New York-based team of TGL presented by SoFi. They are also announcing that Five Iron Golf will be the official watch party location for the team's inaugural season.
SoFi Technologies (SOFI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
