Ubiquiti's 30% Jump: Why This Was a Turnaround, Not Just a Trend

Ubiquiti TodayUIUbiquiti$534.14 +14.25 (+2.74%) 52-Week Range$184.00▼$537.00Dividend Yield0.60%P/E Ratio45.27Price Target$449.50Add to WatchlistIn late August, shares of networking technology company Ubiquiti NYSE: UI did something that made Wall Street snap to attention: the stock surged over 30% in just a few days. For investors, a move of that magnitude demands an explanation. Was this just another volatile market frenzy, fueled by fleeting hype? Or was it the sign of something much more significant and ...