Shares of SoFi Technologies Inc. were flying higher in premarket trading Tuesday after the financial-technology company posted results that were dubbed “outstanding” by one analyst. Though the company continues to Read more
Tag: SOFI
‘SPAC king’ is throwing in the towel on two vehicles after failing to find target companies in time
Chamath Palihapitiya, backer of the Social Capital Hedosophia Holdings Corp. special-purpose acquisition corporations, or SPACs, is winding down two vehicles after failing to find target companies within the required time Read more
SPAC ‘King’ Chamath Palihapitiya is winding down two vehicles after failing to find a target company in time
Chamath Palihapitiya, backer of the Social Capital Hedosophia Holdings Corp. special-purpose acquisition corporations, or SPACs, said Tuesday he is winding down the two vehicles numbered IV IPOD, +0.20% and VI Read more
SoFi stock rockets toward best day since early 2021 despite ‘dismal’ student-loan numbers
SoFi Technologies Inc. has come a long way since its founding as a student-lending platform, and that expansion into new business areas has been paying off nicely for the company Read more
SoFi stock gains after earnings as revenue beats and losses shrink
Shares of SoFi Inc. were up nearly 3% in after-hours trading Tuesday after the company beat expectations with its latest results and delivered an upbeat earnings forecast for the current Read more