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Amkor Technology (AMKR) Soars: Stock Adds 10.3% in Session

AMKR RMBS

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Amkor Technology, Inc. (AMKR - Free Report) 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 $6.86 to $7.48 in the past one-month time frame.
 
In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future. 
 
Amkor Technology currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
 
Other players in the technology sector, which look attractive at current levels, include Freescale Semiconductor, Ltd. , PLX Technology Inc. and Rambus Inc. (RMBS - Free Report) . All these stocks carry the same Zacks Rank as Amkor Technology.
 
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