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Key PointsShares of SoFi have slumped over 30% this year.
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There were several bright spots in the earnings report. Investors are looking elsewhere.
Lyntris Inc. shares fell 11% in its trading debut, after the company and some of its shareholders raised $297.5 million in a downsized initial public offering.
Billionaire Ken Fisher’s eponymous firm appears to be betting that the longest-dated US bonds will rally, a contrarian stance that seeks to capitalize on yields close to their highest in two decades.
The IRS is seeking to increase UnitedHealth’s taxable income over foreign subsidiary transactions as the healthcare giant contests the proposed tax adjustments.
