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Nautilus Stock Heads Higher After Posting Hottest Growth Ever

TheMotleyFool

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Nautilus Stock Heads Higher After Posting Hottest Growth Ever

Shares of at-home fitness company Nautilus (NYSE: NLS) headed higher on Tuesday, after the company posted red-hot revenue growth for the second quarter of 2020. In the earnings call, CEO Jim Barr called it "our best year-over-year growth since becoming a public company."

Considering Nautilus went public more than two decades ago, this was a big statement. Not surprisingly, Nautilus stock had surged 14% higher as of 11:45 a.m. EDT, hitting fresh 52-week highs.