Digital River (DRIV) Crumbles: Falls 9.0% in Session - Tale of the Tape

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Digital River Inc. ( DRIV ) saw a big move last session, as the company's shares fell by almost 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for DRIV, as the stock is now down by more than 13% in the past one-month time frame

This Internet Software & Services company has seen a flat track record when it comes to current year estimate revisions over the past few weeks (no increases or decreases), and the consensus for earnings hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.

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

Better-ranked stocks in the same industry include Qihoo 360 Technology Co. Ltd. ( QIHU ), which carries a Zacks Rank #1 (Strong Buy). Other stocks that can be considered include NetDimensions (Holdings) Ltd ( NETDY ) and NetEase, Inc. ( NTES ). Both these stocks carry a Zacks Rank #2 (Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: DRIV

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As of 11/28/2014, 01:06 PM

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