Travelport Worldwide (TVPT) in Focus: Stock Moves 6.5% Higher
Travelport Worldwide Limited TVPT was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $12.64 to $13.54 in the past one month time frame.
The move came after the company announced that it will replace Bob Evans Farms Inc. in the S&P SmallCap 600, prior to the opening of trade on Jan 17.
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.
Travelport Worldwide currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the Internet - Commerce industry may consider Liberty Interactive Corporation LVNTA, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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