Ubiquiti Inc. (UI) surged 27.38 percent to $497.50, gaining $106.93 on Friday after reporting robust fourth-quarter results. Revenue climbed to $759.2 million, up $507.5 million a year earlier. Net income rose to $266.7 million compared with $103.8 million in the same quarter last year.
The stock opened at $452.56 and traded between $440.00 and $498.50, against a previous close of $390.57 on the New York Stock Exchange. Volume reached 458,728 shares, significantly higher than the average of 110,896. Ubiquiti now trades at the top end of its 52-week range of $165.50 to $498.50.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.