Twitter, Inc. (TWTR) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down 16.96% in the past one month time frame.
This Internet information provider witnessed 4 upward revisions and 5 downward revisions over the past 30 days. The Zacks Consensus Estimate also moved lower over the same time frame, 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.
Twitter carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
However, some better-ranked stocks in the same industry include Support.com, Inc. (SPRT), Synchronoss Technologies, Inc. (SNCR) and TeleCommunication Systems Inc. (TSYS). All these stocks sport a Zacks Rank #1 (Strong Buy).
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TWITTER INC (TWTR): Free Stock Analysis Report
SUPPORTCOM INC (SPRT): Free Stock Analysis Report
SYNCHRONOSS TECHNOLOGIES INC (SNCR): Free Stock Analysis Report
TELECOMMUNICATIONS SYS CL A (TSYS): Free Stock Analysis Report
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