JCI, TRU, SOFI, AIG

JCI, TRU, SOFI, AIG

CNBCentertainment

Key Points:

  • Credit score company stocks declined after criticism of their pricing by Federal Housing Finance Agency Director Bill Pulte, with TransUnion down 4%, Equifax over 5%, and Fair Isaac nearly 4%.
  • Shares of cooling equipment makers Trane Technologies, Johnson Controls, and Modine Manufacturing fell sharply following Nvidia CEO Jensen Huang's remarks that their new energy-efficient chip platform eliminates the need for water chillers in data centers.
  • SoFi's stock dropped almost 10% after Bank of America downgraded it to underperform, with other fintech stocks like LendingClub, Upstart Holdings, and Chime Financial also declining.
  • Shake Shack shares rose over 6% after Deutsche Bank upgraded the stock to buy, citing expected benefits