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SoFi shares rise 2% amid short-seller claims and CEO stock buys signaling confidence.

Market News
23 Mar 2026
24/7 Wall Street
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Neutral
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SoFi Technologies shares rose about 2% after a tough period marked by a short-seller report from Muddy Waters alleging accounting irregularities and unrecorded debt. The CEO's recent stock purchases suggest confidence in the company's value despite these claims. SoFi posted strong Q4 2025 results with record revenue and member growth, but concerns remain over loan charge-off rates and valuation. The next key event is the Q1 2026 earnings report on April 28, which could clarify financial transparency and impact investor sentiment.

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