SoFi shares opened 20% up on Wednesday: this is why

SoFi Technologies Inc (NASDAQ: SOFI) secured regulatory approval on Wednesday to become a bank holding company, resulting in a close to 20% increase in the stock price this morning. SoFi to acquire Golden Pacific Bancorp SoFi had proposed to buy Golden Pacific Bancorp Inc in March 2021 to become a national bank. The proposition received […]