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How Green Dot Shares More Than Doubled in the First Half of 2020

How Green Dot Shares More Than Doubled in the First Half of 2020

Shares of financial technology company Green Dot (NYSE: GDOT) rose 110.6% in the first half of 2020, according to data from S&P Global Market Intelligence. Don't get too excited about these massive gains, though -- Green Dot is more of a turnaround story than a skyrocketing growth stock. Green Dot's stock price plunged 71% lower in 2019, hamstrung by a series of disappointing earnings reports.