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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.

Read Next: Trump-Linked Phunware, Apple, SoFi, Crowdstrike, Alibaba Why These Stocks Are On Investors Radars Today

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2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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FCS headed for 12-game regular seasons in ’26

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FCS headed for 12-game regular seasons in '26

INDIANAPOLIS — FCS teams would be allowed to play 12 regular-season games every year under a Division I Football Championship Subdivision Oversight Committee recommendation.

The NCAA announced Tuesday the one-game extension would go into effect in 2026 if the Division I Council gives its approval during its June 24-25 meeting.

Current legislation permits 12 regular-season games in years when there are 14 Saturdays from the first permissible playing date through the last playing date in November. In all other years, only 11 regular-season contests are permitted.

The recommendation also would standardize the start date of the FCS season as the Thursday 13 weeks before the FCS championship bracket is released, which is the Saturday before Thanksgiving.

Football Bowl Subdivision teams have had 12-game regular seasons since 2006.

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Ex-Utah QB Rising medically retires due to injury

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Ex-Utah QB Rising medically retires due to injury

Former Utah quarterback Cameron Rising announced Wednesday that he’s retiring from football.

Rising, 25, started three games last season before suffering a season-ending injury to his throwing hand. He posted Wednesday on social media that two orthopedic physicians had advised him to give up football because of the hand.

Rising wrote he will undergo surgery and focus on rehab.

Sources told ESPN’s Eli Lederman that Rising has accepted an offensive coordinator role at Newbury Park (California) High School, where he was a three-year starter from 2015-17 and left as a four-star recruit in the 2018 class. He’ll coach four-star Michigan QB pledge Brady Smigiel, ranked No. 45 in the 2026 ESPN 300, next fall.

Rising played in 30 games for the Utes, making 28 starts. He led Utah to Pac-12 championships in 2021 and 2022 and was a first-team All-Pac-12 selection in 2021.

He played in only three games after 2022, however, missing the entire 2023 season with a knee injury. He was removed from the Utes roster after last season.

Rising, who began his college career in 2018 at Texas, still had a year of eligibility remaining because of redshirt seasons, the COVID-19 waiver in 2020 and the injuries.

Utah already had added transfer quarterback Devon Dampier, who started during the 2024 season at New Mexico.

Rising’s 53 career passing touchdowns ranked fourth all time at Utah.

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Florida CB Johnson faces 4 charges after arrest

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Florida CB Johnson faces 4 charges after arrest

TAMPA, Fla. — Police have charged Florida cornerback Dijon Johnson with two felonies, including possession of a firearm, and two misdemeanors after his arrest over the weekend while driving a car in Tampa.

Police said they pulled over the car Friday for surpassing a stop signal. Officers detected a “strong odor of burned marijuana” and said Johnson was argumentative during the traffic stop, refusing to exit the gray Dodge Challenger, according to the criminal report filed in Hillsborough County.

Johnson was removed from the car and placed into custody. Police searched the vehicle and found marijuana and 8 grams of synthetic marijuana inside a backpack. A black Glock 19 loaded with 17 rounds in a magazine also was found in the car, according to the report.

The gun charge is a second-degree felony. Possession of the synthetic marijuana is a third-degree felony, and the marijuana possession and resisting arrest without violence charges are misdemeanors.

“We are in dialogue with the State Attorney’s Office regarding Dijon’s traffic stop last week,” Tampa-based attorney Tim Taylor said in a statement released Wednesday. “At this time, no formal charges have been filed. Any potential charging decision will, of course, need to be consistent with Florida law. We are eager for all the pertinent facts to come to light.”

Johnson entered written pleas of not guilty to all charges, according to court documents.

Coach Billy Napier said in a statement that the program is “aware of the situation.”

“We will continue to gather facts, cooperate with and monitor the legal and administrative processes,” Napier said.

Johnson, 21, was booked early Saturday and released the following night after posting an $8,500 surety bond, according to jail records.

A 6-foot-1, 196-pound junior from Tampa, Johnson recorded 27 tackles and two pass breakups last season.

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