A Major Short Seller Just Attacked SoFi. Here's Why the CEO Is Buying Hand Over Fist
The world for SoFi Technologies (NASDAQ: SOFI) just became messier. A famous short seller -- Muddy Waters Research -- released a report last week alleging that the fast-growing lender is engaging in misleading accounting to boost its reported profitability to shareholders. Now, SoFi's stock has fallen below $20 and is down almost 50% from all-time highs set earlier in 2025. The company claims that this short report has no merit, and the longtime CEO, Anthony Noto, recently bought shares in the open market ...