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Blucora (BCOR) Catches Eye: Stock Adds 9.6% in Session

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Blucora, Inc. was a big mover last session, as its shares rose almost 10% on the day. The move came on the back of improved assets under management, solid advisor-driven revenue and debt reduction. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $11.20 to $11.85 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained 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.

Blucora currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the internet services space is Zix Corporation , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is BCOR going up? Or down? Predict to see what others think: Up or Down

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