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via seekingalpha.comBusiness & Companies

Zebra Technologies drops almost 9% on higher memory-cost outlook

FROM THE WIRE · SEEKINGALPHA.COM

[Abstract stock market ticker with prices, percentage changes.] Torsten Asmus Zebra Technologies (ZBRA [https://seekingalpha.com/symbol/ZBRA]) sank almost 9% on Tuesday, closing at $329.50 after falling $31.63 on the day. The company reported third-quarter results that beat…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA larger-than-expected memory-cost headwind weighs on expected margins and the share price.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The stock closed at $329.50, falling $31.63 on the day on Tuesday.
  2. 02Zebra beat consensus estimates on both revenue and earnings in the third quarter.
  3. 03The company flagged a larger-than-expected memory-cost headwind for the rest of the year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Zebra Technologies CorporationZBRAStock329.50 USDMarket closedtoday -8.76%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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