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Bilibili Inc. (BILI) Soars: Stock Adds 11.3% in Session

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Bilibili Inc. (BILI - Free Report) was a big mover last session, as the company saw its shares rise more than 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $9.99–$14.11 in the past one-month time frame, showed a sharp increase yesterday.

The move came after the company reported solid first-quarter 2018 results.

The company has seen one positive estimate revision in the past month, while its Zacks Consensus Estimate has also moved higher in the said period, suggesting that more solid trading could be ahead for Bilibili. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Bilibili currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.



A better-ranked stock in the Internet – Services industry is Akamai Technologies, Inc. (AKAM - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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