Why Shares of Zebra Technologies Surged by 33% in November
The stock price of data-capture company Zebra Technologies (NASDAQ: ZBRA) surged 33.4% in November, according to data provided by S&P Global Market Intelligence. Those gains came on the back of an excellent set of quarterly results released early in the month. In addition, positive news on the coronavirus vaccine front raised investors' hopes that some of Zebra's more-challenged end markets, such as retail, aviation, and auto manufacturing, would recover soon as a consequence of the pandemic being brought under control.
Zebra designs and manufactures mobile computers, barcode scanners, RFID readers, and printers that capture real-time data. The company's key end markets include retail and e-commerce, transportation and logistics, and manufacturing.
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Source Fool.com
