We just announced you can 💥#InvestInIPOs💥 with SoFi Invest. We’re shaking up retail investing and allowing our members to purchase shares of companies before they're publicly traded on the stock market. us.sofi.com/InvestinIPO (1/5)
Typically, to #InvestInIPOs at the offer price, you have to be a large institutional investor. Retail investors are usually limited to buying shares in the “secondary market,” like #NYSE or #NASDAQ. (2/5)
We’re letting members get in on the IPO action at the IPO price too. Buying IPOs prior to the stock opening on major exchanges allows investors to benefit from a potential pop on the first day of trading that may sustain. This is not guaranteed. IPOs are inherently risky. (3/5)
Members must have at least $3,000 across all of SoFi Invest to be eligible. You’ll need to submit “indications of interest” for every IPO you’re interested in. Allocation will be based on availability, you may not receive all the shares you request. (4/5)
We want to share a note about the recent volatility in the stock market. It’s as important as ever to make informed decisions when investing. You can continue to trade on our platform, and here’s some background on what’s happened over the past weeks.
Headlines are filled with the term #shortsqueeze—we want to explain what this means and how a short squeeze works. #stocks#GME
A “short” is when an investor believes a stock price will go down, so they “borrow” stock, sell it at today’s price, then buy it back in the future at a lower price in order to return the borrowed stock. With some stocks, “short selling” can become more common than normal trading