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Down Almost 70%, SoFi Technologies' CEO Keeps Buying Shares

·3 min read
Down Almost 70%, SoFi Technologies' CEO Keeps Buying Shares
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Investor sentiment has cratered in recent times in the wake of 40-year-high inflation, the Federal Reserve's decision to raise interest rates in response, and prolonged concerns in connection to Russia's invasion of Ukraine. With investors flocking to value stocks and safer assets for protection, shares of fast-growing technology companies have been especially crushed. The company's pullback has attracted the attention of CEO Anthony Noto.