Why Ubiquiti Jumped 11.4% in October

Shares of Ubiquiti (NYSE: UI) increased 11.4% in October, according to data from S&P Global Market Intelligence. It was an otherwise tough month for technology stocks, so the fact that Ubiquiti bucked the trend certainly says something. The notoriously tight-lipped Ubiquiti management didn’t have much in the way of news in October, with one small exception.

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