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MaxLinear (MXL) Looks Good: Stock Adds 5.9% in Session
MaxLinear, Inc. (MXL - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $16.69 –$19.00 in the past one-month time frame, witnessed a sharp increase on Friday.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has 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.
MaxLinear currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
MaxLinear, Inc Price
MaxLinear, Inc Price | MaxLinear, Inc Quote
Investors interested in the Computer and Technology sector may consider a better-ranked stock like Audioeye, Inc. (AEYE - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is MXL going up? Or down? Predict to see what others think:Up or Down
Zacks' Top 10 Stocks for 2019
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