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Market Impact: 0.3

SoFi Falls 6% Despite StoneX Buy Initiation as Rising Yields Hit Fintech; Affirm Drops 9%, Robinhood Slides 6%

Source: 247wallst.com

Interest Rates & YieldsAnalyst InsightsFintech
SoFi Falls 6% Despite StoneX Buy Initiation as Rising Yields Hit Fintech; Affirm Drops 9%, Robinhood Slides 6%

Rising long-term interest rates are weighing on SoFi Technologies shares, more than offsetting a fresh buy initiation from StoneX. The article says the stock is sharply lower and cites a price of $14; the provided text gives no percentage move or further details.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.30

Ticker Sentiment

SOFI-0.45

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