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Bill Combs
@billcombs · Jul 30

Shares of $SOFI ended yesterday with only a +6% gain after strong results. However, after the market closed, the company announced a public stock issuance of approximately $1.5 billion, sending the stock down 8%. It's not ideal and I'm not happy about it, but I believe the stock will bounce back soon.

What do you think? Do you think it's the right move?

Προσωπική άποψη μέλους της κοινότητας, όχι επενδυτική σύσταση. Κανόνες κοινότητας

NT
Nigel Thornton @_thornton Aug 1

They need the money, and such a correction doesn't matter at all because the stock will come back quickly.

BC
Bill Combs @billcombs Aug 1

I think so too and we'll see how far the stock goes this year!!

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