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0.00160685591858584 0 0.00107123727905729 0.00321371183717187 0.00428494911622915 0.00263524370648093 0.00107123727905729 0.00107123727905729
Stock impact report

Stock Market Today, March 2: SoFi Technologies Rises After CEO Anthony Noto Buys 56,000 Shares [Yahoo! Finance]

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Yahoo! Finance
SoFi Technologies (NASDAQ:SOFI) , a digital banking and lending platform, closed Monday at $18.39, up 3.55%. The stock is rebounding after a recent decline, with investors watching insider buying by CEO Anthony Noto and ongoing trends in member growth and profitability. Trading volume reached 71.7 million shares, about 26% above its three-month average of 57 million shares. SoFi Technologies IPO'd in 2021 and has grown 51% since going public. How the markets moved today The S&P 500 finished Monday nearly flat at 6,880, up 0.02%, while the Nasdaq Composite gained 0.36% to close at 22,749. Within financial technology (FinTech), peers LendingClub closed at $15.05, up 0.94%, and Upstart ended at $28.28, rising 3.86% as lending-focused names stabilized. What this means for investors Late in the trading session Monday afternoon, news broke that SoFi's CEO, Anthony Noto, had bought 56,000 shares of the company's stock on the open market for roughly $1 million. Open-market purchases Show less Read more
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