SoftBank Keeps Selling SoFi Stock, Should You?

In this video, I will be talking about SoftBank and the recent sale of over 19 million shares of SoFi Technologies (SOFI 0.26%), and why you should not be worried.

• SoftBank reported a $21 billion quarterly loss on its Vision Fund and was forced to sell some shares.
• Last week, Softbank sold 19,565,044 shares of SoFi Technologies. It still holds over 60 million shares, but it may not be done selling. 
• The selling has less to do with how well or badly SoFi as a company is doing and more to do with the financial situation SoftBank is in. 

For the full insights, do watch the video, consider subscribing, and click the special offer link below.

*Stock prices used were the closing prices of Aug. 12, 2022. The video was published on Aug. 14, 2022.