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Why Mitek Stock Jumped Today

TheMotleyFool

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Shares of Mitek Systems (NASDAQ: MITK) popped on Friday after the identity verification and fraud prevention specialist's earnings exceeded investors' expectations.

By the close of trading, Mitek's stock price was up more than 8% after rising as much as 21% earlier in the day.

Image source: Getty Images.

Source Fool.com

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