Stock Market Today, March 3: SoFi Technologies Rises on Mastercard Stablecoin Deal

2026-03-03 17:40:48 ET

SoFi Technologies (NASDAQ:SOFI) , a digital-first financial platform, closed Tuesday at $18.61, up 1.20% bouyed by two pices of positive news. The firm deepened its stablecoin partnership with Mastercard (NYSE:MA) . Plus, an SEC filing revealed Chief Executive Officer Anthony Noto’s roughly $1 million insider share purchase.

Trading volume reached 71.2 million shares, coming in 24% above its three-month average of 57.3 million shares. SoFi Technologies IPO'd in 2021 and has grown 48% since going public.

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