Taser Firing On All Cylinders After Q4 Beat

Taser International TASR shares are trading higher by $2.24 at $19.72 in Monday's session. The catalyst for the rally is a Q4 beat for EPS of a nickel on $5M more in revenues. The rally from the premarket session carried over into its opening print, but after climbing another $0.17 it peaked at $20.69. Since making the high some profit-takers came and pushed the issue to $19.47, before rebounding back to $20 area. The issue has not closed over $20, since November 6, when it ended the session at $20.16.