Ubiquiti Networks eases from initial gap up, levels to watch The company reported much stronger than expected results last night after the close, coming in at 33 cents for its Q4 versus expectations of 27 cents. It also raised its forecast for its Q1 to a range of 38 cents to 41 cents, against consensus of 27 cents. At the current price of $27.67, shares are up over 30.7%, but that is off the earlier high of $29.40 which is now resistance. Support is at $26.28.
News For UBNT From The Last 14 Days
Check below for free stories on UBNT the last two weeks.