Twitter (TWTR) Jumps: Stock Adds 10.6% in Session – Tale of the Tape

ZacksTwitter, Inc. (TWTR) was a big mover last session, as the company saw its shares rise nearly 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down 20.76% in the past one month time frame.

This Internet information provider witnessed 3 upward revisions and 5 downward revisions over the past 30 days. The Zacks Consensus Estimate also moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher lasts.

Twitter carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

However, some better-ranked stocks in the same industry include Support.com, Inc. (SPRT), Synchronoss Technologies, Inc. (SNCR) and TeleCommunication Systems Inc. (TSYS). All these stocks sport a Zacks Rank #1 (Strong Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Be the first to comment

Leave a Reply