FeesSafety
Pluang+

SoFi dips 3% despite Kraken crypto tie-up rumors; Affirm falls 5%, Robinhood steady amid fintech sell-off

Market News
09 Sep 2026
24/7 Wall Street
View Source
Bearish
SoFi dips 3% despite Kraken crypto tie-up rumors; Affirm falls 5%, Robinhood steady amid fintech sell-off

SoFi Technologies shares dropped 3% despite reports of a partnership with crypto exchange Kraken and speculation about S&P 500 inclusion, signaling weak investor appetite for fintech risk. Affirm shares fell 5% without company-specific news, reflecting broader sector pressure on rate-sensitive lenders. Robinhood held steady, supported by diversified revenue streams and recent infrastructure partnership news. The market awaits confirmation of SoFi's Kraken deal and potential index inclusion, which could boost its stock amid ongoing sector volatility.

More News (SOFI)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App