SoFi stock may rebound after the $1.5 billion share sale: here's why

Core Viewpoint - SoFi's stock price experienced a significant decline of over 6% in after-hours trading due to concerns regarding increased dilution, falling to $27.7 from a closing price of $30, which is 15% below its highest point this year [1] Company Summary - SoFi's stock price dropped to $27.7, indicating a loss of investor confidence [1] - The decline in stock price reflects ongoing concerns about potential dilution affecting shareholder value [1] - The current stock price is notably 15% lower than its peak for the year, suggesting a challenging market environment for the company [1]