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CenturyLink (CTL) Soars: Stock Adds 11.4% in Session

CenturyLink, Inc. CTL 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 continues the recent uptrend for the company—as the stock is now up 29.5% in the past one-month time frame.

The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.

CenturyLink currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative. 

CenturyLink, Inc. Price

CenturyLink, Inc. Price

CenturyLink, Inc. price | CenturyLink, Inc. Quote

Investors interested in the Wireless National industry may consider ATN International, Inc. ATNI, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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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 Nasdaq, Inc.

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