SoFi Technologies Stock Falls Amid Market Concerns Over Inflation and Interest Rates
On May 19, 2026, SoFi Technologies (NASDAQ:SOFI) continued its decline as the stock closed at $15.23, down 3.06%, amid concerns over inflation linked to global conflicts and rising Treasury yields. The broader market also fell with the S&P 500 dropping 0.67% and Nasdaq Composite losing 0.84%. SoFi's recent strong Q1 results failed to boost investor confidence, partly due to its decision not to raise full-year guidance.
Topics: Federal Reserve financial services interest rates SoFi Treasury yields