The Traderszone Network

Published in TZ Latest News 12 August, 2017 by The TZ Newswire Staff

Why Ubiquti Networks Spiked 20% Last Week (and Why It’s Not Too Late to Buy)

Earlier this year, with Ubiquiti Networks (NASDAQ: UBNT) trading in the low $60s, I wrote that the company could finish the year higher despite a 100% gain in 2016. That outlook looked foolish for the first half of the year, as Ubiquiti’s increased spending and lower margins scared off investors despite strong top-line growth.

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