SoFi Shares Sink over 6% in Wake of $1.5 Billion Stock Offering

Bloomberg07-30

SoFi Technologies Inc. dropped over 6% in premarket trading after the provider of consumer financial services said it’s selling $1.5 billion of stock.The company is offering the shares for $20.85 to $...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（2）

Ahlec
·07-30
“including working capital and other business opportunities,” pretty vague...
Reply
3
Report
Guavaxf30
·07-30
This is typical of meme crazed stocks. Sofi issuing new shares should not be shocking. Especially as the memes have chased to stock price up so much, and as their business performance has been pretty good. At the end of it all, stick to fundamentals. Don't follow public hysteria. If you like their financial results, buy Sofi for it. Not because any of the kittie crowds are stampeding in. Or out.
Reply
1
Report

Most Discussed

7x24

All

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1163783130?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-30 16:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1163783130","market":"us","top_or_hot":-1,"title":"SoFi Shares Sink over 6% in Wake of $1.5 Billion Stock Offering","media":"Bloomberg","content":"<div>\n<p>SoFi Technologies Inc. dropped over 6% in premarket trading after the provider of consumer financial services said it’s selling $1.5 billion of stock.The company is offering the shares for $20.85 to $...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoFi Shares Sink over 6% in Wake of $1.5 Billion Stock Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoFi Shares Sink over 6% in Wake of $1.5 Billion Stock Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-30 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoFi Technologies Inc. dropped over 6% in premarket trading after the provider of consumer financial services said it’s selling $1.5 billion of stock.The company is offering the shares for $20.85 to $...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOFI","symbol_name":"SoFi Technologies Inc.","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas","article_id":"1163783130","we_media_id":null,"thumbnails":[],"rights":{"source":"lsy1584095487587","url":"https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1163783130","pubTimestamp":1753862424,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"SoFi Technologies Inc. dropped in late trading Tuesday, mostly wiping out earlier gains, after the provider of consumer financial services said it’s selling $1.5 billion of stock.Goldman Sachs Group...","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"translate_title":"SoFi发行15亿美元股票后股价下跌超过6%","themeId":"45bd0d1786138dcb4ed1dfde24a970e2","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOFI":1.1},"content_text":"SoFi Technologies Inc. dropped over 6% in premarket trading after the provider of consumer financial services said it’s selling $1.5 billion of stock.The company is offering the shares for $20.85 to $21.50 apiece, said a person familiar with the matter who asked not to be identified because the information wasn’t public yet. That would be a discount of up to 6.9% on Tuesday’s closing price of $22.40.A representative for SoFi didn’t immediately respond to a request for comment on the price range.Goldman Sachs Group Inc. is leading the offering and SoFi plans to use the proceeds for general corporate purposes, “including working capital and other business opportunities,” the San Francisco-based company said Tuesday in a statement.Earlier in the day, SoFi reported second-quarter results that beat Wall Street estimates as the company’s investments in fee-based businesses flowed through to profits.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding,movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[{"id":462012046536976,"gmtCreate":1753835986599,"gmtModify":1753835990366,"author":{"id":"4091753544363040","authorId":"4091753544363040","name":"Ahlec","avatar":"https://static.tigerbbs.com/81afb03fdd19de870e28208208ff7909","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"4091753544363040","authorIdStr":"4091753544363040"},"htmlText":"“including working capital and other business opportunities,” pretty vague...","listText":"“including working capital and other business opportunities,” pretty vague...","text":"“including working capital and other business opportunities,” pretty vague...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/462012046536976","repostId":1163783130,"repostType":2,"repost":{"id":"1163783130","kind":"news","pubTimestamp":1753862424,"share":"https://ttm.financial/m/news/1163783130?lang=&edition=fundamental","pubTime":"2025-07-30 16:00","market":"us","language":"en","title":"SoFi Shares Sink over 6% in Wake of $1.5 Billion Stock Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=1163783130","media":"Bloomberg","summary":"SoFi Technologies Inc. dropped in late trading Tuesday, mostly wiping out earlier gains, after the provider of consumer financial services said it’s selling $1.5 billion of stock.Goldman Sachs Group...","content":"<div>\n<p>SoFi Technologies Inc. dropped over 6% in premarket trading after the provider of consumer financial services said it’s selling $1.5 billion of stock.The company is offering the shares for $20.85 to $...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoFi Shares Sink over 6% in Wake of $1.5 Billion Stock Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoFi Shares Sink over 6% in Wake of $1.5 Billion Stock Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-30 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoFi Technologies Inc. dropped over 6% in premarket trading after the provider of consumer financial services said it’s selling $1.5 billion of stock.The company is offering the shares for $20.85 to $...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163783130","content_text":"SoFi Technologies Inc. dropped over 6% in premarket trading after the provider of consumer financial services said it’s selling $1.5 billion of stock.The company is offering the shares for $20.85 to $21.50 apiece, said a person familiar with the matter who asked not to be identified because the information wasn’t public yet. That would be a discount of up to 6.9% on Tuesday’s closing price of $22.40.A representative for SoFi didn’t immediately respond to a request for comment on the price range.Goldman Sachs Group Inc. is leading the offering and SoFi plans to use the proceeds for general corporate purposes, “including working capital and other business opportunities,” the San Francisco-based company said Tuesday in a statement.Earlier in the day, SoFi reported second-quarter results that beat Wall Street estimates as the company’s investments in fee-based businesses flowed through to profits.","news_type":1,"symbols_score_info":{"SOFI":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":461985606643952,"gmtCreate":1753829286069,"gmtModify":1753838994968,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","vip":1,"crmLevel":12,"crmLevelSwitch":1,"idStr":"3576140222331577","authorIdStr":"3576140222331577"},"htmlText":"This is typical of meme crazed stocks. Sofi issuing new shares should not be shocking. Especially as the memes have chased to stock price up so much, and as their business performance has been pretty good.&nbsp; At the end of it all, stick to fundamentals. Don't follow public hysteria. If you like their financial results, buy Sofi for it. Not because any of the kittie crowds are stampeding in. Or out.","listText":"This is typical of meme crazed stocks. Sofi issuing new shares should not be shocking. Especially as the memes have chased to stock price up so much, and as their business performance has been pretty good.&nbsp; At the end of it all, stick to fundamentals. Don't follow public hysteria. If you like their financial results, buy Sofi for it. Not because any of the kittie crowds are stampeding in. Or out.","text":"This is typical of meme crazed stocks. Sofi issuing new shares should not be shocking. Especially as the memes have chased to stock price up so much, and as their business performance has been pretty good. At the end of it all, stick to fundamentals. Don't follow public hysteria. If you like their financial results, buy Sofi for it. Not because any of the kittie crowds are stampeding in. Or out.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/461985606643952","repostId":1163783130,"repostType":2,"repost":{"id":"1163783130","kind":"news","pubTimestamp":1753862424,"share":"https://ttm.financial/m/news/1163783130?lang=&edition=fundamental","pubTime":"2025-07-30 16:00","market":"us","language":"en","title":"SoFi Shares Sink over 6% in Wake of $1.5 Billion Stock Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=1163783130","media":"Bloomberg","summary":"SoFi Technologies Inc. dropped in late trading Tuesday, mostly wiping out earlier gains, after the provider of consumer financial services said it’s selling $1.5 billion of stock.Goldman Sachs Group...","content":"<div>\n<p>SoFi Technologies Inc. dropped over 6% in premarket trading after the provider of consumer financial services said it’s selling $1.5 billion of stock.The company is offering the shares for $20.85 to $...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SoFi Shares Sink over 6% in Wake of $1.5 Billion Stock Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoFi Shares Sink over 6% in Wake of $1.5 Billion Stock Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-07-30 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoFi Technologies Inc. dropped over 6% in premarket trading after the provider of consumer financial services said it’s selling $1.5 billion of stock.The company is offering the shares for $20.85 to $...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SOFI":"SoFi Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2025-07-29/sofi-shares-tumble-in-wake-of-1-5-billion-stock-offering?srnd=homepage-americas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163783130","content_text":"SoFi Technologies Inc. dropped over 6% in premarket trading after the provider of consumer financial services said it’s selling $1.5 billion of stock.The company is offering the shares for $20.85 to $21.50 apiece, said a person familiar with the matter who asked not to be identified because the information wasn’t public yet. That would be a discount of up to 6.9% on Tuesday’s closing price of $22.40.A representative for SoFi didn’t immediately respond to a request for comment on the price range.Goldman Sachs Group Inc. is leading the offering and SoFi plans to use the proceeds for general corporate purposes, “including working capital and other business opportunities,” the San Francisco-based company said Tuesday in a statement.Earlier in the day, SoFi reported second-quarter results that beat Wall Street estimates as the company’s investments in fee-based businesses flowed through to profits.","news_type":1,"symbols_score_info":{"SOFI":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":25,"commentSize":2,"repostSize":2,"favoriteSize":1,"likeStatus":true,"favoriteStatus":false},"isCrawlerRequest":true}