Can ZAGG Stock Keep Going After Last Week's 20% Pop?
Some stocks live and die by Apple (NASDAQ: AAPL) product launches, and last week it was Apple itself that took a hit. The company's shares declined in three of the four days following Tuesday's iPhone X media event.
The big winners were the smaller companies playing critical roles in Apple's new smartphone. ZAGG (NASDAQ: ZAGG) investors were happy to ride those coattails. The distributor of third-party accessories for consumer electronics saw its stock move 19.6% higher on the week.
Source: Fool.com