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Hortonworks (HDP) Looks Good: Stock Adds 10.5% in Session

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Hortonworks, Inc. was a big mover last session, as its shares rose over 10% on the day. The move came on solid volume too with 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 $10.10 to $13.42 in the past one-month time frame.

The company has seen one negative estimate revision in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, 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.

Hortonworks currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

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

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

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