SoFi Tech falls 7.5% before Friday's market open.

Before the Friday pre-market of the US stock market, the stock price of financial technology company SoFi Technologies fell by 7.5%, after the company announced a $1.5 billion common stock underwritten public offering. The company's stock price has surged by 115.97% in the past six months. The company plans to grant underwriters Goldman Sachs Group a 30-day option to purchase up to an additional 15% of the issued shares.