DuPont Fabros (DFT) Catches Eye: Stock Adds 9.8% in Session
DuPont Fabros Technology, Inc. DFT was a big mover last session, as its shares rose almost 10% on the day. The move came after San Francisco's Digital Realty Trust announced plans to acquire Dupont Fabros for $7.6 billion, bolstering its reach in and around Silicon Valley.This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up almost 18% in the past one-month time frame.
The company has seen one positive estimate revision in the last 30 days, its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
DuPont Fabros currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.
Dupont Fabros Technology, Inc. Price
Dupont Fabros Technology, Inc. Price | Dupont Fabros Technology, Inc. Quote
A top-ranked stock in the REIT and Equity Trust - Other space is Xenia Hotels & Resorts, Inc. XHR, carrying a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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