Advertisement
Canada markets open in 3 hours 36 minutes
  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CAD/USD

    0.7328
    +0.0005 (+0.07%)
     
  • CRUDE OIL

    83.91
    +0.34 (+0.41%)
     
  • Bitcoin CAD

    87,921.55
    +723.82 (+0.83%)
     
  • CMC Crypto 200

    1,392.53
    -4.01 (-0.29%)
     
  • GOLD FUTURES

    2,360.30
    +17.80 (+0.76%)
     
  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • NASDAQ futures

    17,733.75
    +166.25 (+0.95%)
     
  • VOLATILITY

    15.64
    +0.27 (+1.76%)
     
  • FTSE

    8,118.41
    +39.55 (+0.49%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6821
    0.0000 (0.00%)
     

Why Shares of SoFi, Affirm, and Upstart Are Falling Today

Why Shares of SoFi, Affirm, and Upstart Are Falling Today

Shares of the digital bank SoFi (NASDAQ: SOFI) traded roughly 5% lower as of 11:53 a.m. ET today. Meanwhile, shares of the buy now, pay later company Affirm (NASDAQ: AFRM) and the artificial-intelligence lender Upstart (NASDAQ: UPST) both traded about 6% down. Yesterday, stocks rallied after the Reserve Bank of Australia raised its benchmark interest rate by only 25 basis points instead of the 50-point hike that was expected.