Extreme Networks Inc. (EXTR) was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on the company’s announcement of better-than-expected results for fourth-quarter and fiscal year 2015. This led to solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 19.9% in the last one month.
The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Extreme Networks currently has a Zacks Rank #2 (Buy).
Another top-ranked computer network stock is Infinera Corporation (INFN), carrying a Zacks Rank #1 (Strong Buy).
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