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Sodastream stock pops after earnings

A Palestinian labourer works at the Israeli SodaStream factory in the Mishor Adumim industrial park, next to the West Bank settlement of Maale Adumim.
Menahem Kahana | AFP | Getty Images

Shares of Sodastream rose Tuesday after the appliance maker's earnings were boosted by a pivot toward sparkling water.

The Israeli company, which makes home beverage carbonation systems, posted diluted earnings of 29 cents per share on revenue of $100.9 million in the latest quarter. Shares closed up nearly 24 percent at $18.22.