Giant Interactive (GA) Surges: Stock Moves 12.6% Higher

Zacks

Giant Interactive Group, Inc. (GA) was a big mover last session with shares rising nearly 13% on the day. The move came on solid volume too as far more shares changed hands than in a normal session. This continues the uptrend for the company since Nov 8, as the stock is now up over 38%.

This multimedia company has seen three negative estimate revisions in the last 30 days. Its Zacks Consensus Estimate too moved lower over the same time frame, implying there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s climb lasts.

Giant Interactive currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include SINA Corp. (SINA), Taomee Holdings Ltd. (TAOM) and XO Group Inc. (XOXO). While SINA and Taomee Holdings sport a Zacks Rank #1 (Strong Buy), XO Group carries a Zacks Rank #2 (Buy).

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GIANT INERACTIVE GROUP INC (GA): Free Stock Analysis Report

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TAOMEE HOLDINGS LTD (TAOM): Free Stock Analysis Report

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