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Cincinnati Bell (CBB) Soars: Stock Adds 7.2% in Session
Cincinnati Bell Inc. was a big mover last session, as the company saw its shares rise over 7% on the day. The news led to far more shares changing hands than in a normal session, resulting in solid volume. This continues the recent uptrend for the company as the stock is now over 19.6% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days, while the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Cincinnati Bell has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the Diversified Communication Services industry is Shenandoah Telecommunications Co. (SHEN - Free Report) sporting a Zacks Rank #1 (Strong Buy).
Is CBB going up? Or down? Predict to see what others think: Up or Down
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