MicroStrategy (MSTR) Jumps: Stock Adds 5.5% in Session

Zacks

MicroStrategy Inc. (MSTR) was a big mover last session, as its shares rose nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company, as the stock is now up over 36% in the past one-month timeframe.

In the last 30 days, the company witnessed three negative estimate revisions and the Zacks Consensus Estimate also moved lower, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.

MicroStrategy currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Better-ranked stocks in the computer software industry include Citrix Systems, Inc. (CTXS), Blackbaud Inc. (BLKB) and Manhattan Associates, Inc. (MANH). All three sport a Zacks Rank #1 (Strong Buy).

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