Stock Track | SoFi Technologies Soars 5% Pre-Market as Cathie Wood's ARK Invest Loads Up on Stock
SoFi Technologies Inc. stock is soaring 5.01% in pre-market trading on Monday, following news that prominent investor Cathie Wood's ARK Invest has significantly increased its position in the company. This move by the influential fund manager appears to have sparked renewed interest in the fintech firm.ARK Invest, known for its focus on disruptive innovation, made the purchase on Friday, June 27, as part of a series of interesting trade moves. The decision to load up on SOFI stock suggests that