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Ubiquiti Networks (UBNT) stock was up in early trading Friday after the wireless gear maker’s Q4 earnings topped views, though an analyst said Iraq weighed on the company’s in-line guidance. Ubiquiti was up 6.5% in early trading in the stock market today, near 42. Ubiquiti stock is down more than 25% since touching an all-time high above 56 on March 21. Ubiquiti has been on and off the IBD 50 of late, ranking No. 34 on Aug. 4 but falling off the Scalper1 News
Scalper1 News