Ubiquiti Inc. (UI) shares gained 3.98% today (2023-12-07). Is it the right time to buy?

What’s happening at Ubiquiti Inc. (NYSE:UI)? What made the stock one of the top performing stock today? The company is indeed among the top gainers of the stock market, skyrocketing 3.98% (or 4.60 points) to $120.20 from its previous close of $115.60. So is it the right moment to buy?
Read more: Ubiquiti Inc. (UI) shares gained 3.98% today (2023-12-07). Is it the right time to buy?