Thursday, October 14, 2010

Zagg Adjusts Guidance for 2010

Stock Assault 2.0 - Artificial Intelligence Stock Market Software

Zagg Incorporated (NASDAQ: ZAGG) is up 29.88% at 8:35 AM EST this morning, from $5.12 to $6.65, after announcing an expected full year 2010 revenue growth of 70%.  The company, which designs and creates mobile phone accessories, also expects third quarter 2010 revenues to surpass $22 million.

Zagg has traded 32,640 shares in pre-market trading this morning, compared with their average of 475,918.  The move also comes during a 52-week range of $1.90 to $7.00.

-Michael B. Sauter

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