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Ubiquiti's Debt-Free Drop
Description
Ubiquiti’s stock plummeted 42% after beating earnings estimates — but investors panicked over a massive cash burn, not the debt-free win. CEO Robert Pera’s opaque, founder-driven style fuels wild swings, and with few analysts covering the company, the “beat” may have been easier than it seemed. It’s a high-stakes bet on Pera’s vision — a bold, unorthodox play in a crowded networking space.
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