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MOBILEIRON (MOBL) Catches Eye: Stock Moves 6.2% Higher

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MOBILEIRON, INC. was a big mover last session, as its shares rose over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 18.4% in the past one-month time frame.

Over the last 30 days, the company witnessed three positive estimate revisions. The Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

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

A better-ranked stock in the Internet – Software space is PAYLOCITY HOLDING CORP (PCTY - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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