Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag SoFi stock drops after announcing a $1.5B stock offering amid investor concerns over share dilution.

flag SoFi Technologies' stock fell in after-hours trading after announcing a $1.5 billion common stock offering, with underwriters having the option to buy up to 15% more shares. flag The company said proceeds will strengthen its capital position and support future growth. flag The move comes amid investor concerns over share dilution, despite SoFi's strong third-quarter results and $3.25 billion in cash. flag The stock had risen earlier in the day on better-than-expected earnings.

8 Articles