Zebra Technologies Corp. Cl A Stock Falls Tuesday, Underperforms Market

Zebra Technologies Corp

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ZBRA Zebra Technologies Corp

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Information Technology : Electronic Equipment, Instruments & Components | Mid Cap Blend

Company profile

Zebra Technologies Corporation is engaged in providing enterprise asset intelligence solutions in the automatic identification and data capture (AIDC) industry. It designs, manufactures, and sells a range of products and solutions, including cloud-based subscriptions. Its segments include Asset Intelligence & Tracking (AIT) and Enterprise Visibility & Mobility (EVM). The AIT segment is engaged in barcode printing and asset tracking technologies. Its product lines include barcode and card printers, supplies, including temperature-monitoring labels, services, and location solutions. The EVM segment is engaged in providing automatic information and data capture solutions. Its product lines include mobile computing, data capture, radio frequency identification (RFID), fixed industrial scanning and machine vision, services, and workflow optimization solutions. Its workflow optimization solutions include cloud-based software subscriptions, retail solutions, and robotic automation solutions.

Zebra Technologies Corp. Cl A Stock Falls Tuesday, Underperforms Market

5:35 pm ET January 24, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Zebra Technologies Corp. Cl A (ZBRA) shed 2.42% to $310.08 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.31% to 33,733.96 and the S&P 500 Index falling 0.07% to 4,016.95. The stock's fall snapped a two-day winning streak. Zebra Technologies Corp. Cl A closed $210.24 short of its 52-week high ($520.32), which the company reached on February 2nd.

The stock underperformed when compared to some of its competitors Tuesday, as Honeywell International Inc. (HON) rose 1.21% to $206.93, Eaton Corp. PLC (ETN) rose 1.74% to $161.69, and Amphenol Corp. Cl A (APH) rose 0.67% to $79.44. Trading volume (370,639) remained 98,967 below its 50-day average volume of 469,606.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2023.

(END) Dow Jones Newswires

January 24, 2023 17:35 ET (22:35 GMT)