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Medley Management (MDLY) Catches Eye: Stock Jumps 7.2%
Medley Management Inc. (MDLY - Free Report) was a big mover last session, as the company saw its shares rise 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company since Aug 17, as the stock is now trading above the volatile price range of $7.14 to $7.69.
In the last 30 days, the company has seen three downward estimate revisions and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
A better-ranked Finance-Investment Management stock is Virtus Investment Partners, Inc. (VRTS - Free Report) , which sports a Zacks Rank #1 (Strong Buy).
MEDLEY MGMT INC Price
MEDLEY MGMT INC Price | MEDLEY MGMT INC Quote
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