Orbitz Worldwide, Inc. (OWW) was a big mover last session, as the company saw its shares rise roughly 9% on the day. The move was attributable to market speculations indicating a possible sale of the company. 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 18.5% in the last one-month time frame.
The company has seen no estimate revisions over the past 30 days, and the Zacks Consensus Estimate is unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Orbitz Worldwide currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the Internet commerce industry is IAC/InterActiveCorp (IACI), sporting a Zacks Rank #1 (Strong Buy).
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