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News  ›  The Motley Fool

Why Zebra Technologies Stock Stumbled Today

The Motley Fool Logo The Motley Fool By Anders Bylund
Why Zebra Technologies Stock Stumbled Today

Zebra Technologies reported strong Q3 earnings that exceeded Wall Street expectations, but the stock dropped 15.8% due to muted growth guidance and economic challenges affecting client orders.

Insights
GOOGL   positive

Surged more than 7% thanks to surprisingly strong cloud growth


ZBRA   negative

Despite beating earnings estimates, the stock dropped 15.8% due to weak organic growth projections, economic slowdown affecting client orders, and concerns about future revenue growth after the Elo Touch Solutions acquisition