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Aerohive Networks (HIVE) Worth a Look: Stock Jumps 6.2%
Aerohive Networks, Inc. (HIVE - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock is now up 32% since May 3.
The company has seen one positive estimate revision in the last 30 days and 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.
Currently, Aerohive Networks carries a Zacks Rank #2 (Buy).
Aerohive Networks, Inc. Price
Aerohive Networks, Inc. Price | Aerohive Networks, Inc. Quote
Another top-ranked stock in the same industry is TESSCO Technologies Incorporated , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is HIVE going up? Or down? Predict to see what others think: Up or Down
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