Yandex (YNDX) Shows Strength: Stock Moves 15.3% Higher
Yandex N.V. YNDX was a big mover last session, as the company saw its shares rise a little above 15% on the day. The move came after the company announced a deal with Uber to merge their ride-sharing businesses and turn them off into a new company. Also, this 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 23% in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Yandex currently carries a Zacks Rank #3 (Hold).
Yandex N.V. Price
Yandex N.V. Price | Yandex N.V. Quote
A better-ranked stock in the Internet - Content industry is Angie's List, Inc. ANGI 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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