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ClubCorp Holdings (MYCC) Catches Eye: Stock Jumps 15.7%

Zacks Equity Research

ClubCorp Holdings, Inc. MYCC was a big mover last session, as its shares rose almost 16% on the day. The move came following a Reuters report that stated ClubCorp is in the early stages of selling itself, the company effectively confirmed the news in a press release saying it is "reviewing strategic alternatives." This led to 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 $14.35 to $15.20 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

ClubCorp Holdings currently sports a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

ClubCorp Holdings, Inc. Price

 

ClubCorp Holdings, Inc. Price | ClubCorp Holdings, Inc. Quote

A better-ranked stock in the Leisure and Recreation Services space is Planet Fitness, Inc. PLNT, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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