SoFi Stock: $16.27 Thursday as SoFi Joins the Anthropic IPO…
By Tobi Opeyemi Amure
AI summary of the source article
SoFi Technologies has been named among six brokers distributing Anthropic IPO shares to retail investors. Anthropic's offering consists of 825 million Class A shares priced between $70 and $78, with up to 20 percent allocated to retail.
Why it matters
The value to SoFi lies in new accounts and in customers moving cash onto its investing platform.
Key facts
- Anthropic's amended S-1 names SoFi, Charles Schwab, Fidelity, Robinhood Financial, TradePMR, and E*Trade as retail distributors.
- The IPO terms include 825 million Class A shares at $70 to $78, setting aside up to 20 percent for retail investors.
- SoFi reported Q3 2026 GAAP net revenue of $1.385 billion and raised its 2026 adjusted net revenue guidance to $5.04 billion.
Source excerpt · FinanceFeeds
Updated 12 November 2026, 07:30 GMT, before the US market open. SoFi Technologies (SOFI) closed Wednesday at $16.27 , down 0.61 percent, and was quoted near $16.20 after hours (Finviz; Yahoo Finance). Verdict: SoFi is one of six brokers named to sell Anthropic IPO shares to retail investors, but the stock has not moved on the news. What drives the price is still the Q3 beat and the 2027 guide. Ref…