SoFi Stock Falls as Company Announces $1.5 Billion Share Offering to Boost Capital Position

SoFi Stock Falls: as Company Announces $1.5 Billion Share Offering to Boost Capital PositionSoFi Technologies saw its shares fall nearly 6% in after-hours trading on Thursday following the company’s announcement of a $1.5 billion stock offering. The fintech firm, known for its online lending, banking services, and growing financial ecosystem, said the new capital will be used for general corporate purposes, including strengthening its balance sheet, improving capital flexibility, and supporting future growth initiatives.

The drop in SoFi’s share price comes as a typical market reaction to planned stock sales, which often dilute the value of existing shareholders’ stakes. Despite this decline, SoFi has seen an impressive rise in recent years its market capitalization has almost doubled in 2025, and its stock is up more than sixfold since the end of 2022.

The latest stock offering follows a strong performance in the company’s most recent financial results. In its third-quarter earnings released in late October, SoFi reported 38% revenue growth year over year, reaching $961.6 million. Net income more than doubled to $139.4 million, marking continued momentum in its expansion efforts. The company also ended the period with $3.25 billion in cash and equivalents, showcasing solid liquidity.

While the equity raise briefly pressured the stock, SoFi’s financial performance and aggressive growth trajectory continue to attract investor attention across the U.S. fintech sector.

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