SoFi CEO Anthony Noto is continuing his buying spree, scooping up another $240,000 worth of the financial-technology company's stock Thursday.
SoFi Technologies Inc. Chief Executive Anthony Noto is continuing his buying spree, scooping up another $240,000 worth of the financial-technology company’s stock Thursday amid pressure on banking names.
That... SoFi Technologies Inc. Chief Executive Anthony Noto is continuing his buying spree, scooping up another $240,000 worth of the financial-technology company’s stock Thursday amid pressure on banking names. That buying builds on $995,000 in stock purchases that Noto made on March 10 as SoFi’s stock sank in the immediate aftermath of Silicon Valley Bank’s collapse. He purchased 180,000 shares then for an average price of $5.5283.
SoFi shares closed at $6.47 on March 8 — the last trading session before news of Silicon Valley Bank’s troubles spooked investors in the financial sector.
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