SoFi's $2.12B Volume Ranks 49th as Shares Drop 2.5% Amid Fintech Woes

Generated by AI AgentAinvest Volume Radar
Wednesday, Oct 1, 2025 8:05 pm ET1min read
SOFI--
Aime RobotAime Summary

- SoFi's $2.12B trading volume ranked 49th on October 1, 2025, as shares fell 2.5% amid fintech sector volatility.

- The decline reflected broader market sensitivity to shifting interest rates and regulatory pressures impacting fintech stocks.

- Despite the price drop, sustained institutional and retail investor engagement was evident through high trading volume metrics.

- Market analysts highlight the need for clearer back-test parameters to assess trading strategies amid sector instability.

On October 1, 2025, SoFi TechnologiesSOFI-- (SOFI) reported a trading volume of $2.12 billion, ranking it 49th in terms of volume among U.S. stocks for the day. The stock closed down 2.50%, reflecting a notable decline in investor sentiment.

Recent market dynamics suggest heightened sensitivity to broader fintech sector performance and macroeconomic signals. The drop in SoFi’s share price aligns with broader volatility in the sector, driven by shifting interest rate expectations and regulatory scrutiny. However, the company’s volume metrics indicate sustained engagement from institutional and retail investors, despite the price correction.

To accurately execute this back-test, several parameters need clarification: - Universe: Is the universe defined as all U.S.-listed common stocks on NYSE, NASDAQ, and AMEX, or is a different universe intended? - Ranking and Execution: The standard process involves ranking stocks by trading volume at the session’s close, purchasing the top 500 at the next day’s open, and liquidating them at the following day’s open (a one-day holding period). Does this timing align with your requirements, or would you prefer to rank and trade within the same day? - Weighting and Costs: Should positions within the 500-stock basket be equally weighted? Additionally, should transaction costs and slippage be excluded, or would you like to incorporate estimated costs? Once these details are confirmed, the data retrieval plan can be established, and the back-test can be executed.

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