The Traderszone Network

Published in TZ Latest News 11 February, 2017 by The TZ Newswire Staff

Why CalAmp Tumbled 27% in 2016

Image source: CalAmp.

Shares of CalAmp (NASDAQ: CAMP) disappointed investors last year, falling more than 27% according to data provided by S&P Global Market Intelligence. The company experienced some wild swings over the year after CalAmp announced it would wind down its satellite business, and after the company missed its own revenue and earnings guidance for the fiscal second quarter.

Image source: Ycharts.

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