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Stock impact report

Glaukos Reaches 52-Week High: What's Driving the Stock's Rally? [Yahoo! Finance]

Glaukos Corporation (GKOS) 
Last glaukos corporation earnings: 2/27 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Shares of Glaukos Corporation GKOS scaled a new 52-week high of $155.76 on Jan. 6, before closing the session marginally lower at $155.20. Over the past year, this Zacks Rank #3 (Hold) stock has surged 89.3% compared with the 6.4% rise of the industry and the S&P 500's 26.8% growth. Glaukos, with a market capitalization of $8.56 billion, is a renowned ophthalmic medical technology and pharmaceutical company. It projects earnings growth of 16.7% for 2024, followed by a 42.8% improvement in 2025. It expects to maintain its strong revenue performance, growing 26.3% in 2025. GKOS is witnessing an upward trend in its stock price, prompted by strength in its product portfolio. The optimism led by a solid third-quarter 2024 performance and potential in its international market are expected to contribute further. However, stiff competition and pipeline setbacks continue to concern the company. Zacks Investment Research Image Source: Zacks Investment Research Let's delve deeper. Show less Read more
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