Lifelock (LOCK) in Focus: Stock Falls 6.8% in Session


LifeLock, Inc. (LOCK) saw a big move in the last trading session, as the company’s shares fell by nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent uptrend for LOCK as the stock is now up over 7% in the past one-month time frame.

The company, a provider of identity theft protection services, has seen 1 negative estimate revision over the past month, though the earnings consensus hasn’t been in a trend. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.

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

Investors interested in the Business Services sector may consider better-ranked stocks like CBIZ, Inc. (CBZ), Cross Country Healthcare, Inc. (CCRN) and MAXIMUS, Inc. (MMS) all of which carry a Zacks Rank #1 (Strong Buy).

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