SoFi stock dips after Social Capital CEO Palihapitiya says he sold 15% of stake
November 19, 2021 at 07:20 AM EST
Shares of SoFi Technologies Inc. were off 1.3% in premarket trading Friday after Social Capital Chief Executive Chamath Palihapitiya said that he sold roughly 15% of his stake in SoFi "to build up some cash reserves and fund several new investments."
