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Earnings Results: SoFi stock shoots higher after earnings are ‘very strong on nearly every metric’

Shares of SoFi Technologies Inc. surged in after-hours trading Wednesday after the financial-technology company posted better-than-expected earnings amid strong growth in members and product uptake.

The company posted a third-quarter net loss of $30.0 million, compared with a loss of $42.9 million in the year-prior quarter.

SoFi SOFI reported…

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