SoFi Technologies, an online personal finance company, experienced a significant drop in its shares by approximately 13% in Wednesday’s trading session. This decline came after the company reported its financial results for the previous quarter, which fell short of market expectations.
Citigroup Inc, one of the world’s largest banks, announced on Monday its decision to exit the distressed-debt trading business, as part of its ongoing efforts to streamline operations and focus on more profitable segments.
Options trading has long been considered a complex and risky activity, but recent revelations suggest that it is also rigged against the average investor. With increasing concerns about market manipulation and unfair practices, it is crucial for individual traders to understand the challenges they face and take proactive steps to protect themselves.
