SoFi Technologies (SOFI) began trading on the Nasdaq on Tue 1 June 21

SoFi Technologies is an online personal finance company and online bank. It provides financial products including student and auto loan refinancing, mortgages, personal loans, credit card, investing, and banking. 

• Sector(s): Financial Services
• Industry: Credit Services
• Full Time Employees: 2,500
• Founded in 2011 
• HQ in San Francisco, California
• https://www.sofi.com

SoFi attracted funding from investors such as Peter Thiel, private equity firm Silver Lake and SoftBank, according to PitchBook.

Went public in a $8.65 billion deal with Social Capital Hedosophia Holdings V, the latest blank-check company from venture capitalist Chamath Palihapitiya.

Other Chamath SPACs: Opendoor Technologies (OPEN), Virgin Galactic Holdings (SPCE), Clover Health Investments (CLOV)

On the first day of trading the stock closed up more than 12% to $22.65.

 

 

 

 Anthony Noto, CEO of SoFi

Dell (DELL) reported earnings on Tue 26 Nov 2018 (a/h)

** charts after earnings **

 

Dell beats by $0.16, reports revs in-line

Reports Q3 (Oct) earnings of $1.75 per share, $0.16 better than the S&P Capital IQ Consensus of $1.59; revenues rose 1.6% year/year to $22.84 bln vs the $23.03 bln S&P Capital IQ Consensus.

The company has paid down more than $18 billion in gross debt over the three years since closing the EMC transaction and remains on track to repay approximately $5 billion of gross debt in fiscal 2020.

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