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1.61553498440632E-05 -0.000522356311625859 1.61553498440632E-05 -1.61553498440632E-05 -0.00159937963456609 -0.00321491461897604 -0.00106086797309597 -0.000177708848285078
Stock impact report

Stock Market Today, March 3: SoFi Technologies Rises on Mastercard Stablecoin Deal [Yahoo! Finance]

SoFi Technologies, Inc. (SOFI) 
Company Research Source: Yahoo! Finance
SoFi Technologies (NASDAQ:SOFI) , a digital-first financial platform, closed Tuesday at $18.61, up 1.20% bouyed by two pices of positive news. The firm deepened its stablecoin partnership with Mastercard (NYSE:MA) . Plus, an SEC filing revealed Chief Executive Officer Anthony Noto's roughly $1 million insider share purchase. Trading volume reached 71.2 million shares, coming in 24% above its three-month average of 57.3 million shares. SoFi Technologies IPO'd in 2021 and has grown 48% since going public. How the markets moved today The S&P 500 (SNPINDEX:^GSPC) fell 0.94% to 6,817, while the Nasdaq Composite (NASDAQINDEX:^IXIC) slipped 1.02% to 22,517. Within financial technology (FinTech), industry peers LendingClub (NYSE:LC) closed at $14.86, down 1.26%, and Upstart (NASDAQ:UPST) ended at $28.24, down 0.14%, as investors assessed competitive lending dynamics. What this means for investors Today's slight gain is good news for SoFi Technologies investors. While the stock has Show less Read more
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