May
05
2020
The Coronavirus and Your Workload
As the number of people infected by the coronavirus continues to climb, workplaces across the world are bracing for hit.
Read more
SoFi Blog
Tips and news—
for your financial moves.
May
04
2020
Student Loan Debt Navigator FAQs
Apr
30
2020
What is PRESPLIT Activity In My Account and What is a Stock Split?
PRESPLIT activity indicates that a security you hold (for example, a stock or ETF) is undergoing or underwent a stock split. A reverse stock split occurs when the issuer of a security reduces the number of outstanding shares and increases the corresponding value of each post-split share. Alternatively, a regular stock split is when the issuer increases the number of shares and reduces the corresponding value of each post-split share. Neither generally impact the total value of the security being split. These are involuntary events and it may take a few days for an account to reflect updates to the shares held and corresponding market value. Transactions in the impacted security before the split may reflect with a PRESPLIT notation.
Read moreApr
29
2020
The Quarantine Soundtrack: Oldies and Finance News
Many people are not commuting anymore, which means time spent listening to talk shows and pop music on the radio is down.
Read moreApr
29
2020
Dividends on Hold Around the World
As businesses struggle with falling revenue and an uncertain road ahead, 81 companies and investment trusts based in the US have suspended or canceled their dividends.
Read more
Stay up to date on the latest business news and stock market happenings.