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Why Ubiquiti Stock Surged 25.1% in September


Shares of Ubiquiti (NYSE: UI), which makes wireless networking equipment and access points, jumped 25.1% in September, according to data from S&P Global Market Intelligence.

For context, last month, the S 500 index returned 3.7% and the tech-heavy Nasdaq Composite index returned 5.7%.

Image source: Ubiquiti.

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Source Fool.com

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