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Arlo Technologies Surges 19.7%: Is This an Indication of Further Gains?

Arlo Technologies (NYSE: ARLO) shares rallied 19.7% in the last trading session to close at $16.52. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.7% gain over the past four weeks. Arlo is benefiting from its AI-powered subscription service surpassing 4 million paid accounts, reflecting the value consumers place on its subscription plans and service business. This maker of smart connected devices is expected to post quarterly earnings of $0.09 per share in its ...