Stock Track | Life360 Soars 30.49% on Upbeat Annual Forecast and Record Fourth Quarter
Stock Track
Jan 23
LIFE360 INC-CDI (360.AU) saw its stock price soar 30.49% intraday on Friday, marking one of its biggest single-day gains in recent history.
The surge came after the family-tracking app provider released an upbeat annual forecast, expecting full-year revenue to reach $486 million to $489 million, which represents approximately 31% to 32% growth compared to the previous year.
Additionally, the company reported a record fourth-quarter performance with 95.8 million monthly active users, demonstrating strong user growth and engagement metrics that exceeded market expectations.
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