Twitter, Inc. TWTR was a big mover last session, as the company saw its shares rise more than 9% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $22.16–$25.41 in the past one-month time frame, showed a sharp increase Friday.
The upside was driven by rumors of a potential takeover of the company.
The company has seen a mixed track record when it comes to estimate revisions of one increase and two decreases over the past one month, while the Zacks Consensus Estimate for the current quarter has moved lower. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Twitter currently has a Zacks Rank #2 (Buy), while its Earnings ESP is negative.
Investors interested in the Internet – Software industry may consider NICE Ltd. NICE, which has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is TWTR going up? Or down? Predict to see what others think: Up or Down
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