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Social Capital Hedosophia Holdings Corp V IPOE is trading higher Tuesday after announcing its pending transfer from the New York Stock Exchange to the Nasdaq.&nbsp;

What Happened:&nbsp;Social Capital Hedosophia Holdings Corp V is set to close its business combination with Social Finance&nbsp;Inc on May 28. Assuming the business combination is completed, the company announced that&nbsp;trading is expected to begin on the Nasdaq on June 1&nbsp;under the new ticker symbol &ldquo;SOFI.&rdquo;

Related Link:&nbsp;<a href="https://www.benzinga.com/m-a/21/04/20772172/is-now-the-time-to-buy-ipoe-ahead-of-future-merger-announcement">Is Now The Time To Buy IPOE, Ahead Of Future Merger Announcement?</a>

Price Action:&nbsp;Social Capital Hedosophia Holdings Corp V traded as high as $28.26 and as low as $10.10 since its IPO on Oct. 9.&nbsp;

At last check Tuesday, the stock was up 9.24% at $16.91.

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Social Capital Hedosophia Holdings Corp V (NYSE: IPOE) is trading higher Tuesday after announcing its pending transfer from the New York Stock Exchange to the Nasdaq.&nbsp;

Why Social Capital Hedosophia Holdings Corp V Is Trading Higher Today 

Adam Eckert

Social Capital Hedosophia Holdings Corp V (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ipoe#NYSE">IPOE</a>) is trading higher Tuesday after announcing its pending transfer from the New York Stock Exchange to the Nasdaq.&nbsp;

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