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SoFi rises after disclosing insider purchase post short seller attack (SOFI:NASDAQ)
Seeking Alpha· 2026-03-17 20:41
Core Viewpoint - SoFi Technologies experienced a rise in share price following an insider buy by CEO Anthony Noto after a short seller report from Muddy Waters Research [2] Group 1: Company Performance - SoFi's shares increased by 0.58% to $17.47 after hours trading [2] - Earlier in the day, the stock had dropped by 2.1% due to a negative short report [2] Group 2: Insider Activity - CEO Anthony Noto purchased 28,900 shares of common stock at a weighted average price of $17.3189 [2]