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5 Top Stock Gainers for Wednesday: Kindred, SoFi, Rambus

June 16, 2021
Sean Horgan
TheStreet

Stocks were finished lower Wednesday as investors awaited a policy update from the Federal Reserve.

Here are some of the market's biggest gainers for Wednesday:

1. Kindred Biosciences | Increase 46%

2. SoFi Technologies | Increase 5%

SoFi Technologies  (SOFI) - Get Report advanced after Rosenblatt Securities analyst Sean Horgan initiated coverage of the consumer-focused financial-services platform with a buy rating and $30 price target.

Horgan said challenger banks like SoFi command a powerful cost advantage over incumbents.

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