SoFi’s stock drops on $1.5 billion share sale announcement

SoFi’s stock drops on .5 billion share sale announcement

Key Points

SoFi announced the public offering of $1.5 billion in stock.
The share sale comes after the fintech company’s market cap almost doubled so far in 2025.
Stock prices often fall when companies announce offerings because the share sale dilutes the value of existing holders’ stakes.

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