Taser Firing On All Cylinders After Q4 Beat
TASER International, Inc.(NASDAQ: TASR) shares are trading higher by $2.04 at $19.52 in Monday's session. The catalyst for the rally is a Q4 beat for EPS of a nickel on $5 million 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.
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