Abnormal movement in US stocks | SoFi Technologies (SOFI.US) plans to issue $1.5 billion in shares, fell 6.5% after hours.

According to the Smart Finance APP, on Tuesday, in after-hours and night trading, the share price of SoFi Technologies (SOFI.US) fell by 6.5% and 6% respectively, wiping out previous gains and falling to $21.06. The company had previously announced that it would sell $1.5 billion worth of shares. According to a source familiar with the matter, the price range of the shares sold by the company this time is between $20.85 and $21.50 per share. This means a discount of up to 6.9% compared to the Tuesday closing price of $22.40.