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SoFi Technologies, Inc. Announces Public Offering of Common Stock
SoFi Technologies, Inc. (NASDAQ: SOFI) ("SoFi" or the "Company") today announced an underwritten public offering of $1.5 billion of shares of its common stock. In connection with the offering, SoFi expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the offering.
Outlook for Tech Stocks Darkens After Rocky Stretch Sector has been more susceptible to rapidly shifting sentiment in the bond market as the Fed aggressively raises interest rates to counter ...
Tech stocks should remain in portfolios in 2024, Wang suggests, especially given continued interest in AI. But investors should remain diligent in stock selection in this key sector, along with ...
Without tech, the S&P 500 would only be up 2.5% in 2023, and without larger tech names, the index would in fact be down 1.4%, Colas noted, suggesting that large cap tech stocks were currently ...
Technology Stock Outlook: After Taking Hits in 2022, Tech Hits Some New Highs in 2023 We see fewer buying opportunities even as the sector is now an outperformer to the broader market.
Still, the market reacted swiftly as stocks opened lower on Monday morning with the S&P 500 down by 0.9%. The tech-heavy Nasdaq was down 1.4%, before both indexes erased their losses and closed ...
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