SoFi Technologies is trading at $15.91, with a -4.04% move, amid a broad market selloff as renewed US-Iran tensions lifted oil prices and Treasury yields, reviving inflation and higher-rate concerns.
- Reuters reported global stocks falling as oil rose and investors priced in prolonged higher rates.
- Bitcoin is down 1.09% since the previous close, but that move alone does not match the stock’s larger decline.
- No clear company-specific catalyst was identified for September 28.