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Why Samsara Stock Is Soaring Today

TheMotleyFool

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Why Samsara Stock Is Soaring Today: https://g.foolcdn.com/editorial/images/711591/gettyimages-1343372840.jpg

Shares of Samsara (NYSE: IOT), an Internet-of-Things (IoT) operations company, were skyrocketing today after the company easily beat analysts' top- and bottom-line consensus estimates in the fiscal third quarter, ended Oct. 29.

The company's management also raised its earnings guidance for the full year, pushing investors' optimism even further.

Samsara's stock had spiked by 22% as of 11:18 a.m. ET.

Source Fool.com

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