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Sprint Corp (S) Looks Goods: Stock Adds 7.8% in Session
Sprint Corp (S - Free Report) was a big mover last session, as the company saw its shares rise almost 8% on the day. The news led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $3.51 to $3.9 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 moved lower suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.
Sprint Corp has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Another better-ranked stock in the broader Computer and Technology space is Amkor Technology, Inc. (AMKR - Free Report) sporting a Zacks Rank #1 (Strong Buy).
Is S going up? Or down? Predict to see what others think: Up or Down
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