LiveDeal, Inc. ( LIVE ) saw a big move in the last trading session, as the company's shares fell by over 14% 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 trend of the company, as LIVE is now trading within the volatile price range of $2.38 to $4.85 in the past one-month time frame.
The company, a provider of customer acquisition and online listing services for small and medium-sized local businesses in the United States, has not seen any estimate revision over the past month, and the current year earnings consensus hasn't been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, especially on earnings estimates following the recent slump.
LIVE currently holds a Zacks Rank #3 (Hold).
Investors interested in the Internet Content industry may consider better-ranked stocks like Brightcove, Inc. ( BCOV ), China Distance Education Holdings Limited ( DL ) and Shutterfly, Inc. ( SFLY ). Each of these stocks carries a Zacks Rank #2 (Buy).
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