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NLS - Nautilus Stock Trades Higher After Research Firm Points to Zoom-Like Growth
Nautilus Inc.
Shares of home fitness company Nautilus(NYSE: NLS) traded 8% higher on Wednesday, after research firm Citron Research said the company was "the fastest growing name" besides Zoom Video Communications. Given the firm's prominence and Zoom's parabolic growth in 2020, that statement caught investors' eyes.
To be clear, Nautilus stock was already rising before Citron said anything. Shares are up around 750% since the start of 2020.