Why Inseego Stock Dropped Last Month

Why Inseego Stock Dropped Last Month

Shares of Inseego (NASDAQ: INSG) fell 20.5% in February, according to data provided by S&P Global Market Intelligence, on seemingly no company-specific news. Investors may have been taking some of the gains they made with Inseego's stock before the company reported its fourth-quarter results at the beginning of March. Inseego is a provider of 4G and 5G networking equipment.