Why Arlo Technologies Stock Surged 48% in December

Shares of Arlo Technologies (NYSE: ARLO), a maker of smart-home security products, soared 48.1% in December, according to data from S&P Global Market Intelligence. Arlo stock has kicked off 2021 on a strong note, as the small-cap tech stock is up 7.3%, compared to the broader market's 2% return through Thursday, Jan. 7. As my colleague Evan Niu reported at the time, "The Apple Store listing that got the market's attention is for a pair of Arlo Ultra 4K wireless security cameras, which closely resemble the Arlo Ultra 2 camera the company sells on its own website, but which has a slightly different model number."