Why SoFi Technologies Stock Is Falling Thursday?

Benzinga_recent_news03-19 21:15

SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower during Thursday's premarket session. The digital lender faces a combination of heavy short-seller allegations and broader market weakness. ...

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The digital lender faces a combination of heavy short-seller allegations and broader market weakness.\n...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/03/51352866/why-sofi-technologies-stock-is-falling-thursday\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why SoFi Technologies Stock Is Falling Thursday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy SoFi Technologies Stock Is Falling Thursday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-19 21:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/movers/26/03/51352866/why-sofi-technologies-stock-is-falling-thursday><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower during Thursday's premarket session. The digital lender faces a combination of heavy short-seller allegations and broader market weakness.\n...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/26/03/51352866/why-sofi-technologies-stock-is-falling-thursday\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOFX","symbol_name":"2倍做多SOFI ETF-Defiance","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/26/03/51352866/why-sofi-technologies-stock-is-falling-thursday","article_id":"2620225936","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/03/19/San-Francisco--Ca--Usa---May-1--2022-Sof.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/26/03/51352866/why-sofi-technologies-stock-is-falling-thursday","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2620225936","pubTimestamp":1773926100,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"SOFI stock drops Thursday following a Muddy Waters short report alleging \"financial engineering.\" Check out the latest insider trades and short interest data here.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOFX":"2倍做多SOFI ETF-Defiance","SOFA":"Direxion Daily SOFI Bull 2X ETF","SOFI":"SoFi Technologies Inc.","BK4535":"淡马锡持仓","BK4166":"消费信贷","BK4217":"自存仓储房地产信托","BK4551":"寇图资本持仓","BK4549":"软银资本持仓"},"translate_title":"为什么SoFi Technologies股票周四下跌？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOFI":1.98,"SOFA":0.6,"SOFX":0.6},"content_text":"SoFi Technologies Inc (NASDAQ:SOFI) shares are trading lower during Thursday's premarket session. The digital lender faces a combination of heavy short-seller allegations and broader market weakness.\nThe decline follows a turbulent week for the fintech firm. Broad market indices are also under pressure. Nasdaq futures fell 0.71% Thursday morning. S&P 500 futures shed 0.59% in tandem.\nThe primary catalyst remains a report released on Tuesday from Muddy Waters Research. Led by Carson Block, the firm labeled SoFi a \"financial engineering treadmill.\"\nThe report alleged that SoFi's 2025 adjusted EBITDA was inflated by 90%. Muddy Waters suggested the true figure was $103 million. This contradicts the reported $1.05 billion. Block also questioned \"Enron-esque\" off-balance-sheet structures.\nSoFi characterized the claims as a \"fundamental lack of understanding\" of their business. On Wednesday, the company signaled intent to \"explore potential legal action.\"\nManagement stated the report was \"designed to deceive investors.\" They pointed to Muddy Waters' own disclosures. The firm intended to cover short positions immediately after publication. \"They stand to profit from their own misleading report,\" SoFi added.\nBearish bets against the stock are increasing. Short interest in SoFi rose from 123.21 million to 128.39 million. This represents 10.29% of the company's public float.\nRecent insider data shows mixed signals. CEO Anthony Noto bought 28,900 shares at $17.32 on March 17. However, CTO Jeremy Rishel executed a \"sell-options\" transaction totaling $4.48 million between March 16 and 18.\nSoFi is trading 8.5% below its 20-day simple moving average (SMA) and 32.2% below its 100-day SMA, keeping the intermediate trend pointed down even as the stock tries to stabilize.\nShares are up 34.96% over the past 12 months, but the current price is positioned closer to the 52-week low ($8.60) than the 52-week high ($32.73).\nRSI is at 29.38, which is oversold territory. Meanwhile, MACD is at -1.0796 versus a signal line of -1.1528.\nSOFI Stock Price Activity: SoFi Technologies shares were down 2.04% at $16.83 during premarket trading on Thursday, according to Benzinga Pro data.\nPhoto by Tada Images via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2620225936","isCrawlerRequest":true}