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

Shares of Glaukos Corporation (GKOS) scaled a new 52-week high of $97.77 on Apr 5, before closing the session slightly lower at$96.77.Over the past year, this Zacks Rank #3 (Hold) stock has surged 98.8% compared with the 8.6% rise of the industry and the S&P 500’s 27.1% growth.The company’s expected growth rate of 3.9% for 2024 compares with the industry’s growth projection of 13.5%. Glaukos’ earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average ...