India, Oct. 27 -- SoFi Technologies, Inc. (SOFI) is up 15.46 percent, gaining $2.23 to $16.69 on Tuesday. The rise follows strong third-quarter results, with net income increasing to $240.99 million, or $0.18 per share, from $139.74 million, or $0.11 per share, a year earlier. Adjusted earnings were $242.99 million, or $0.18 per share, while adjusted EBITDA surged to $469.82 million from $276.88 million.
SoFi is currently trading at $16.69, up from the previous close of $14.46 after opening at $15.98 on the Nasdaq. The stock has traded between $15.67 and $16.76 during the session. Trading volume stands at 102.77 million shares, more than double its average volume of 49.44 million shares.
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