Definitions of soar:

• noun:   the act of rising upward into the air
• verb:   go or move upward

  Example: "The stock market soared after the cease-fire was announced"

• verb:   fly upwards or high in the sky
• verb:   rise rapidly

  Example: "The dollar soared against the yes"

• verb:   fly a plane without an engine
• verb:   fly by means of a hang glider