Why Ubiquiti Jumped 11.4% in October
Shares of Ubiquiti (NYSE: UI) increased 11.4% in October, according to data from S&P Global Market Intelligence. It was an otherwise tough month for technology stocks, so the fact that Ubiquiti bucked the trend certainly says something.
And in Ubiquiti's case, it was just getting warmed up for a massive earnings beat that the company reported on Friday, Nov. 6.
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Source Fool.com
