- B. Riley is out with a strong defense on Zagg (ZAGG +8.4%) as it doubles down on its Buy rating on the retailer.
- The two-month drop in Zagg's share price is seen by the firm as unwarranted given Zagg's earnings potential this year on a strong product mix.
- Shares of Zagg have ranged from $5.90 to $23.70 over the last 52 weeks. In early action today, they reached a high of $17.15.