ZBRA - Why Zebra Technologies Stock Is Galloping Higher Today
2024-02-15 12:06:34 ET
Zebra Technologies (NASDAQ: ZBRA) isn't back to growth mode yet, but the company is showing signs that the worst is behind it.
Shares of the bar code scanner and inventory management tech company jumped as high as 16.6% on Thursday and were trading up 11.5% as of 11:15 a.m. ET after fourth-quarter earnings topped Wall Street expectations.
Zebra investors have been on a wild ride in recent years. The company was among the pandemic highfliers, as e-commerce vendors flush with cash and racing to keep up with demand invested heavily in updating warehouses and supply chains .
For further details see:
Why Zebra Technologies Stock Is Galloping Higher Today