NETGEAR (NTGR) Surges 10.9%: Is This an Indication of Further Gains?

NETGEAR, Inc. (NTGR) shares ended the last trading session 10.9% higher at $24.46. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 9.5% gain over the past four weeks.An increase in share price can be attributed to continuous momentum in the Enterprise segment, especially ProAV switches. The company benefits from the rising demand for robust networking solutions owing to the growing number of internet-connected devi ...