SOFI has been in the news 375% more than usual
Oct 08, 2025, 8:33 PM
-1.80%
What does SOFI do
SoFi Technologies, headquartered in San Francisco, provides student loan refinancing and a range of financial services through lending, technology, and financial services segments, employing 4,400 staff since its IPO in 2020. Their offerings include personal loans, investment services, and a cloud-native banking platform.
SOFI has been in the news recently: SoFi Technologies, Inc. (NASDAQ: SOFI) saw its shares rise on Tuesday amid speculation about the Trump administration potentially selling parts of a $1.6 trillion student loan portfolio to private lenders. However, the stock declined on Wednesday after the previous day's gains, reflecting market volatility despite no specific news affecting the company.
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