The Traderszone Network

Published in TZ Latest News 29 April, 2017 by The TZ Newswire Staff

Ubiquiti Earnings Preview: What Investors Need to Know

Ubiquiti Networks (NASDAQ: UBNT) stock can be volatile, as investors have experienced recently. The company’s founder and CEO, Robert Pera, owns almost 70% of the shares, and the remaining float is heavily shorted. That’s why even small hits or misses can lead to big moves. While the stock is still up 45% in the past year, investors had to weather a 25% plunge after last quarter’s earnings. The company reports again on May 4.

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