Previous Close | 6.46 |
Open | 6.45 |
Bid | 6.50 x 400 |
Ask | 6.51 x 500 |
Day's Range | 6.44 - 6.60 |
52 Week Range | 6.30 - 11.70 |
Volume | |
Avg. Volume | 41,468,588 |
Market Cap | 6.877B |
Beta (5Y Monthly) | 1.73 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.29 |
Earnings Date | Jul 29, 2024 - Aug 02, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 8.61 |
SoFi Technologies' (SOFI) Financial Services and Tech Platform segments remain in great shape.
Earlier this year a hedge fund structured two trades worth $642 million, the kinds of which have not been seen since the 2008 crisis. It sold insurance to two U.S. lenders against losses on a loan portfolio, and then sold much of that risk to investors. The trades, a form of re-securitization, were done by Bayview Asset Management after it sold credit default swaps (CDS) to Huntington and Sofi late last year, according to Moody's reports about the trades seen by Reuters and a person familiar with the transactions.
On June 14, 2024, Anthony Noto, the CEO of SoFi Technologies Inc (NASDAQ:SOFI), purchased 30,715 shares of the company, as reported in a recent SEC Filing.