Shares of SoFi Technologies Inc.
were searching for direction in volatile Friday morning activity after the Supreme Court struck down President Joe Biden’s plan to cancel up to $20,000 in student debt for many borrowers. Shares of the financial-technology and lending company, which has a prominent student-loan refinancing business, were off 2.6% in recent activity, after rising as much as 8.0% shortly after a volatility-driven trading halt that was put out shortly after the ruling’s release.
were searching for direction in volatile Friday morning activity after the Supreme Court struck down President Joe Biden’s plan to cancel up to $20,000 in student debt for many borrowers. Shares of the financial-technology and lending company, which has a prominent student-loan refinancing business, were off 2.6% in recent activity, after rising as much as 8.0% shortly after a volatility-driven trading halt that was put out shortly after the ruling’s release.