New York, Feb 13, 2026, 17:08 EST — After-hours
- SoFi Technologies shares closed up about 1.6% at $19.61; little changed after the bell
- The move followed a sharp slide on Thursday
- Investors now focus on Fed minutes (Feb. 18) and a holiday-shortened week
SoFi Technologies, Inc. shares closed up 1.6% at $19.61 on Friday and were little changed in after-hours trade after the regular session ended. The stock ranged from $19.02 to $19.87, with about 42.8 million shares traded.
The bounce landed as investors weighed a cooler U.S. inflation print that revived rate-cut talk and steadied appetite for riskier names. January CPI rose 2.4% from a year earlier, below forecasts, and “This is good news for the Fed,” Phil Orlando, chief market strategist at Federated Hermes, said. (Reuters)
Treasury yields fell after the data and the Fed last month left its benchmark rate in the 3.50%-3.75% range. “Either way, it is a bit of good news as we head into the long holiday weekend,” Tim Holland, chief investment officer at Orion, said. (Reuters)
A day earlier, SoFi slid about 6%, closing at $19.30. The two-session move still leaves the stock down roughly 4.6% since Wednesday’s close. (Investing)
Other fintech and consumer-lending names were firmer on Friday. LendingClub gained about 2.6%, Upstart rose 1.7% and Affirm was roughly flat, while PayPal added about 3%.
SoFi has been leaning on a shift toward fee-based revenue to blunt swings in interest rates. In late January, it reported higher quarterly profit and CEO Anthony Noto warned that a proposed cap on credit-card interest rates could squeeze bank lending, saying “People will still need credit and it would leave a massive gap in the market.” (Reuters)
Traders are watching whether the week’s pullback turns into a deeper reset in expectations for loan growth and funding costs. In a market that has been quick to punish anything “growth-y,” the stock has not had much room for stumbles.
But the rebound is fragile. If rate-cut bets fade again, or if credit conditions look shakier, lenders can get repriced fast — and SoFi tends to move more than the tape on rough days.
Next week’s calendar may matter as much as company headlines. U.S. markets are closed Monday for Washington’s Birthday, and the Federal Reserve is set to publish minutes — detailed meeting notes — from its Jan. 27-28 policy meeting on Wednesday, Feb. 18, at 2 p.m. ET. (Federal Reserve)
Investors also face key U.S. data late in the week, including the advance estimate of fourth-quarter GDP and personal income and spending on Friday, Feb. 20 — releases that can reset the rate outlook that has been steering SoFi and its peers. (Scotiabank)
