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Stock impact report

Paragon 28, Inc. (FNA) Moves 16.2% Higher: Will This Strength Last? [Yahoo! Finance]

Paragon 28, Inc. (FNA) 
Company Research Source: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.7% loss over the past four weeks. Paragon 28 scored a strong price increase, on investors' optimism driven by the company's recent announcement of the 2023 fourth-quarter results, wherein the top-line increased 17.6% compared to the last year's comparable period. International revenues jumped 43.1% year over year and the company continued to witness solid, balanced growth from each of its foot and ankle segments. Further, the market is also upbeat about Paragon 28's full 2024 revenue guidance, expected to grow 15.1%-19.7% compared to the prior year. This company is expected to post quarterly loss of $0.11 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $58.89 million, up 13.2% from the year-ago quarter. While earnings and revenue growth expectations are important Show less Read more
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