BuckSutherland
5 year old buck +
Wait. What did I miss?
Yesterday SOFI crushed their earnings. Then a couple hours later the CEO was on CNBC and said they would not be diluting. A couple hours after that they did an offering and raised $1.5 billion and diluted the stock about 7% from what I read. The finwits on Twitter think they are gonna buy some type of crypto currency company. They had $2.4 billion in cash on hand. They did not need to dilute and more importantly a lot of investors feel like they were lied to.