SoFi Technologies rises day after short seller Muddy Waters' report

ReutersMar 18, 2026 2:55 PM

Shares of Fintech lender SoFi Technologies SOFI.O rise 2% to $17.71

Stock closed down 1.5% on Tuesday after Muddy Waters Research revealed its short position in co

SOFI late on Tuesday disputed short seller Muddy Waters' report and said it was considering legal action

SOFI CEO Anthony Noto also scooped up $500,516 worth of the firm's shares on Tuesday

Insider buying is generally seen as a strong bullish signal as executives may have a clearer view of the company's outlook

9 of 23 brokerages rate the stock "buy" or higher, 10 "hold" and four "sell" or lower; median PT $25 - data compiled by LSEG

As of last close, SOFI down 33.7% YTD

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