Rocket Fuel (FUEL) Crumbles: Stock Falls by 6.6%

Zacks

Rocket Fuel Inc. (FUEL) saw a big move last 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 breaks the recent trend of the company, as the stock is now trading below the volatile price range of $55.99 to $66.89 in the past one-month time frame.

This company in the Internet Software industry has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t changed either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

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

Some better-ranked stocks in the same space include Constant Contact, Inc. (CTCT), E2open, Inc. (EOPN) and FireEye, Inc. (FEYE). All these stocks carry a Zacks Rank #2 (Buy).

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ROCKET FUEL INC (FUEL): Free Stock Analysis Report

CONSTANT CONTACT INC (CTCT): Free Stock Analysis Report

E2OPEN INC (EOPN): Free Stock Analysis Report

FIREEYE INC (FEYE): Free Stock Analysis Report


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