Shares in data capture company Zebra Technologies (NASDAQ: ZBRA) rose 50% in 2020, according to data provided by S&P Global Market Intelligence . But it wasn't all smooth sailing for the stock, with a significant decline in early March followed by a 100%-plus gain after that.
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For readers who don't know the company well, Zebra manufactures bar code scanners, RFID readers, mobile computers, and printers that capture real-time data. As data becomes an ever larger part of industry, it's essential to capture more and more of it through devices made by Zebra and a competitor like industrial conglomerate Honeywell International (NYSE: HON) .
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Why Zebra Technologies Stock Soared in 2020