India, March 3 -- N-able, Inc. (NABL) is down 25.57 percent, dropping $2.56 to trade at $7.43 after reporting lower fourth-quarter net income, which fell to $3.3 million from $9.4 million in the same period last year.
The stock opened at $8.45 and has traded between $7.11 and $8.45 today. Volume has reached 2.1 million shares, significantly higher than the average of 702,939. N-able's 52-week range is $7.11 to $15.48.
Revenue for the fourth quarter saw an increase to $116.5 million, up from $108.4 million a year ago.
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