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Stock impact report

Palihapitiya sells down position in online lender SoFi - tweet [Financial Post (Toronto, Ontario, Canada)]

Clover Health Investments, Corp. - Class A Common stock (CLOV) 
Company Research Source: Financial Post
week, the venture investor said in a tweet https://twitter.com/chamath/status/1461453308623659010?s=20 on Thursday. Palihapitiya, founder and chief executive officer of Social Capital, said the sale was to build up cash reserves and fund recent investments in companies such as battery materials firm Mitra Chem, fintech startup Spectral Finance and blockchain infrastructure company Syndica. Warren Buffett saw inflation coming early on -- 8 tips to help you come out ahead Advertisement Advertisement Article content Shares of SoFi were down 1% at $20.30. He also expects to increase Social Capital's stake in Clover Health Investments Corp through a public offering of common stock. SoFi went public earlier this year through a merger with a blank-check company, led by Palihapitiya, in a deal https://www.reuters.com/business/exclusive-sofi-go-public-through-merger-with-palihapitiya-backed-spac-2021-01-07 valued at about $8.65 billion. A blank-check company, also known as SP Show less Read more
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