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Dick's Sporting Goods (DKS) in Focus: Stock Jumps 7.1%
Dick's Sporting Goods Inc. (DKS - Free Report) was a big mover last session, as the company saw its shares rise over 7% on the day. Shares gained after the company reported better-than-expected results for the second quarter ended Jul 30, 2016. 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 up 17.2% in the past one-month time frame.
The company has seen two positive revisions in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this retail stock going forward to see if this recent jump can turn into more strength down the road.
Dick's Sporting Goods currently carries a Zacks Rank #3 (Hold).
DICKS SPRTG GDS Price
DICKS SPRTG GDS Price | DICKS SPRTG GDS Quote
A better-ranked stock in the same industry is Barnes & Noble, Inc. , sporting a Zacks Rank #1 (Strong Buy).
Is DKS going up? Or down? Predict to see what others think: Up or Down
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