SoFi Technologies IncSOFI stock experienced a 15.27%drop on March 5, following the announcement of its convertible senior notes offering, aiming to raise$750 million.
The stock is seeing some recovery in pre-market trading today. Redditors, however, are discussing whether investors should buy-the-dip?
Related: SoFi Technologies Prices $750 Million Convertible Senior Notes Offering Due 2029
The news sparked discussions among Redditors, particularly in response to a post titled Buying Sofi on this dip by user Didntlikedefaultname on the r/stocks subreddit.
With Sofis recent earnings showing promise, the markets response to both post-earnings surges and convertible note offerings has stirred varying opinions among Reddit investors.Redditors Perspectives SOFI Shuffle: User doggz109 suggests a buy at $6 and a sell at $9, referring to it as the SOFI shuffle. Long-Term Hold: Valsalva64 shares their experience of gains evaporating but sees Sofi as a reasonable long-term hold. Positive Outlook: Digital-Panda foresees potential for Sofi to jump to $12 the next time it hits $9. Confidence in 2024 Projections: Birdperson15 expresses agreement with the buying opportunity, citing promising 2024 projections and the potential for 50% growth. Volatility Concerns: ironcladjogging points out Sofis volatility, expressing concerns about marketing expenses and the overall ride becoming wearisome. Bearish Take on Convertible Note Offering: Puzzleheaded-Ad319 provides a detailed analysis of Sofis recent convertible note offering, highlighting potential risks such as dilution and questioning the timing and necessity of raising capital. Caution on Convertible Note Offering: Pathogenesls emphasizes the negative implications of a convertible note offering, suggesting potential cash flow issues and shareholder dilution.
The diverse views from Redditors on Sofi stock showcase a spectrum of opinions, ranging from optimistic perspectives on future growth to cautious concerns about recent financial moves.
As investors continue to navigate the uncertainties surrounding Sofi, discussions on platforms like Reddit provide valuable insights into the sentiment and considerations of the retail investor community.
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A location in Western Australia that used to be named as the oldest meteorite impact crater on Earth is now actually a lot younger than that, scientists announced today in Science Advances. The structure — previously dated to 3.5 billion years ago and located within Western Australia’s North Pole Dome region of the Pilbara — was believed to be older than any of Earth’s known impact craters. Today, new research published in the journal Geochemistry found that what we now call the Miralga impact structure is, in fact, much younger, at 2.7 billion years old, and considerably smaller in diameter. This recasts earlier ideas on the early Earth’s geological activity and questions previous theories regarding impact-driven crust formation or perhaps even early life.
Miralga Crater Loses Oldest Impact Title but Gains New Scientific Relevance
As per The Conversation article republished by Space.com, the teams that explored the crater could only point to one thing that was likely — it had been formed by an impact. However, they ultimately disagreed as to whether this event had been and how large it was. Younger rocks contain shatter cones, indicating Earth’s early continental geology shielded the impact to a specific 2.7 billion-400 million-year period despite earlier assertions.
They made the determination to honour the cultural revision of one site from 100 km across to a more manageable 16 km wide crater named Miralga. It’s the site – still affected by seawater – of events too recent to influence the Earth’s crust.
The Miralga basalt feature (unique to basalt) is a rare site for an instrument to practice on before heading to Mars, while advancing our understanding of impacts and early life prospects.
Isotopic dating to clarify the crucial part played by this, the oldest crater on Earth and unique in a geological sense, in planetary science and early Earth history is presently ongoing at Miralga.
While larger solar generator setups can help through many situations, more and more people are finding convenience in owning smaller backup power solutions, especially here in NYC, with many folks having limited space to keep them. That’s where units like Bluetti’s Elite 30 V2 Portable Power Station come in, which offers a 288Wh LiFePO4 capacity to cover personal device charging with 600W of steady output that can ramp as high as 1,500W.
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Bluetti’s Elite 30 V2 power station has nine different port options to cover all the bases: two AC outlets, two USB-C ports, two USB-A ports, two DC ports, and a car port. It even beats out many counterparts/competitors of the same size range with five ways to recharge its battery: via a standard outlet, utilizing up to a max 200W solar input, using both an outlet and solar panels together, connecting a generator, or using your car’s auxiliary port.
Segway’s Ninebot F3 smart eKickScooter with Apple Find My + proximity locking gets first post-tariff cut to $750
Segway is offering a special promotional discount through August 17 on its new Ninebot F3 Electric KickScooter at $749.99 shipped, after using the code F3AUG100OFF at checkout, which beats out Amazon’s pricing by $50.This model launched back in April carrying a $850 original price tag (which Amazon still keeps it listed for) and has since hiked up to a $1,000 MSRP direct from the brand after May’s tariff hikes. The two pre-tariff discounts we saw took the costs down to $700 and $600 back in April, and while it may not be falling that low any anytime soon again, you’re still looking at a solid $100 savings from its starting rate for the third-lowest price we have tracked.
NIU drops the KQi 300X all-terrain e-scooter with a 37-mile range and regen brakes to $750 in latest sale
NIU has launched its Fan-tastic Day Sale through August 17 that is taking up to 42% off its KQi e-scooter lineup. Some of the brand’s models are still out of stock from last month, but among those still available, we spotted the KQi 300X All-Terrain Suspension Electric Scooter at $749.99 shipped, while also matching in price at Amazon. While it carries a $1,299 MSRP normally, at Amazon we’ve been seeing it mostly staying between $1,049 and $1,198, with discounts having been slowly ramping up over the course of the year. You’re looking at the best price of 2025, which saves you $549 off the MSRP and has only been beaten out by the $731 low we last saw pop up in October 2024.
Add commercial-grade power to your arsenal with Greenworks’ 82V 20-inch cordless chainsaw at a new $430 low
Amazon is now offering the Greenworks Commercial 82V 20-inch Cordless Chainsaw for $429.99 shipped. While it carries a $600 MSRP tag directly from the brand, where it’s currently priced at, we’ve seen it keep lower to $500 at Amazon. It’s been on the market for six months now, with the discounts we’ve spotted only taken the costs down to $450 until today. Now, with the 20% markdown here, you’ll save $70 while equipping your arsenal with commercial-grade power.
Keep uniform lines around yard and gardens with Worx’s 12A 7.5-inch edger/trencher at $90 (Today only)
As part of its Deals of the Day, Best Buy is offering the Worx 12A 7.5-inch Edger/Trencher for $89.99 shipped, with this model being out of stock on Amazon and sitting at a higher $140 MSRP directly from Worx’s website. It normally fetches $130 at full price here, with discounts mostly keeping the costs between $110 and $100 during 2025, though we have seen it go as low as $75 during Prime Day. You’re looking at the fourth-lowest overall price that we have tracked and the third-lowest of the year, with the deal today saving you $40 off the going rate for the rest of the day only.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.