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Strength Seen in Acxiom (ACXM): Stock Moves 11% Higher

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Acxiom Corporation was a big mover last session, as the company saw its shares rose almost 11% on the day. The upside was driven by the company’s better-than-expected fiscal third-quarter results. 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 $26.00 to $27.68 in the past one-month time frame.

In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

A better-ranked Computers-IT sector stock is Barracuda Networks, Inc. , which sports a Zacks Rank #2 (Buy). the complete list of today’s Zacks #1 Rank stocks here.

Is ACXM going up? Or down? Predict to see what others think: Upor Down

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