Bazaarvoice (BV) Soars: Stock Adds 13% in Session
Bazaarvoice, Inc. BV was a big mover last session, as the company saw its shares rise more than 13% on the day. The move came on solid 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 above the volatile price range of $4.38 to $4.88 in the past one-month time frame.
The stock gained after the company announced that it has inked a definitive agreement to be acquired by the entities affiliated with the global investment firm, Marlin Equity Partners, for roughly $521 million.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Bazaarvoice currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Bazaarvoice, Inc. Price
Bazaarvoice, Inc. Price | Bazaarvoice, Inc. Quote
A better-ranked stock in the Internet - Software and Services industry is Adesto Technologies Corporation IOTS, holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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