SoFi Technologies Shares Rise Amid Insider Buying and Accounting Allegations
ByAinvest
Tuesday, Mar 24, 2026 7:01 pm ET1min read
SOFI--
SoFi Technologies shares rose 2% to surpass $17 on Monday, despite a 35% year-to-date decline, following CEO Anthony Noto's insider purchases. Muddy Waters Research's March 17 short report alleging unrecorded debt and accounting irregularities kept the stock under pressure. Bulls point to Noto's buying and strong underlying business metrics as evidence of value obscured by accounting concerns that will be clarified with Q1 2026 earnings on April 28.
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