SoFi Stock Surges After CEO Fires Back at Short Seller Claims [Yahoo! Finance]
SoFi Technologies, Inc. (SOFI)
Company Research
Source: Yahoo! Finance
This article first appeared on GuruFocus SoFi Technologies ( NASDAQ:SOFI ) shares climbed 3% on Wednesday after the company responded to claims from short seller Muddy Waters Research, which raised concerns about its accounting practices. The stock move followed remarks from Chief Executive Anthony Noto and related disclosures regarding his recent share purchase, according to company statements. Warning! GuruFocus has detected 2 Warning Signs with SOFI. Is SOFI fairly valued? Test your thesis with our free DCF calculator. Noto bought 28,900 shares at an average price of about $17 each, increasing his total holdings to roughly 11.7 million shares. The transaction was presented by the company as a signal of confidence in its operations and financial reporting. SoFi rejected the allegations, saying the report reflects a misunderstanding of its financial statements and business model. The company stated that its accounts are prepared in accordance with U.S. generally accepted
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SOFI
News
- Investors Heavily Search SoFi Technologies, Inc. (SOFI): Here is What You Need to Know [Yahoo! Finance]Yahoo! Finance
- Is SoFi Technologies, Inc. (SOFI) A Good Stock To Buy Now? [Yahoo! Finance]Yahoo! Finance
- SoFi Technologies (SOFI) is now covered by Wells Fargo & Company. They set an "equal weight" rating and a $19.00 price target on the stock.MarketBeat
- Stock Market Today, March 18: SoFi Technologies Dips 1% Day After Short Report [Yahoo! Finance]Yahoo! Finance
- Muddy Waters Shorted SoFi — Here's What Keefe Bruyette Says Retail Investors Are Missing [Yahoo! Finance]Yahoo! Finance
SOFI
Earnings
- 1/30/26 - Beat
SOFI
Sec Filings
- 3/19/26 - Form 4
- 3/19/26 - Form 4
- 3/19/26 - Form 4
- SOFI's page on the SEC website