markets
SOFI -3.69% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
Tech and quantum names selling off hard in Monday's session — PLTR, SOFI, and QBTS leading the decline.
PLTR is down 3.77% to $123.74, SOFI off 3.69% to $17.281, and QBTS dropping 2.92% to $24.07 intraday. The move is happening against a broader tech tape that's leaking — MSFT down 1.44% to $373.87, PL off 3.79%. Notably, IONQ is bucking the quantum selloff, up 1.71% to $57.7375, suggesting the pressure may be name-specific rather than a clean sector rotation.
Watch: PLTR $123 as near-term support — a break opens the door toward $120. SOFI $17.00 is the line to hold; lose it and momentum traders step aside.