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Unwired Planet (UPIP) in Focus: Stock Jumps 8.8%

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Unwired Planet, Inc. was a big mover last session, as the company saw its shares rise roughly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 12.3% since May 7, 2015.

The company has seen no estimate revisions in the past 7 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Unwired Planet currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the same space is NeuStar, Inc. , sporting a Zacks Rank #1(Strong Buy).

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