SoFi falls after-hours on $1.5 bn offering, wipes daily gains
SoFi stock dropped 6.6% after hours following a $1.5 billion public stock offering priced at $20.85-$21.50. The decline erased Tuesday's session gains. Goldman Sachs is underwriting the deal. Retail sentiment on Stocktwits remains 'extremely bullish', with chatter suggesting an acquisition may follow. SoFi is up 49% YTD.