SOFI slips in premarket as rate-cut bets set the tone for fintechs
January 2, 2026, 05:03 ET — Premarket
- SoFi shares down 1.4% at $26.18 in premarket trading.
- U.S. futures were higher as global markets opened 2026 on a firm footing. Reuters
- Traders are watching next week’s U.S. jobs report and the start of earnings season for fresh direction. Reuters
SoFi Technologies (SOFI) shares fell 1.4% to $26.18 in premarket trading on Friday, after closing at $26.56 in the prior session.
The move comes as investors return for the first U.S. session of 2026 with risk appetite still holding up, after Reuters reported S&P 500 futures up 0.6% and Nasdaq futures up 1% in early moves. Reuters
Rate expectations are the main near-term driver for the group. The Federal Reserve cut rates by a total 175 basis points in 2024…
