Glaukos (GKOS) Reaches 52-Week High: What's Driving the Stock?

Glaukos is witnessing an upward trend in its stock price, prompted by its strength in its flagship iStent. The optimism led by a solid first-quarter 2024 performance and potential in its international market are expected to contribute further. However, stiff competition and pipeline setbacks continue to concern the company. Ecolab's shares have rallied 32.7% against the industry's 12.8% decline in the past year. Stiff Competition: Glaukos' competitors include medical companies, academic and research institu ...