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Demandware (DWRE) in Focus: Stock Jumps 6.6% in Session

Demandware, Inc.DWRE was a big mover last session, as the company saw its shares rise around 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 8.1% in the past one-month time frame.

None of the estimates for this Internet software stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Demandware currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the same industry is Ellie Mae, Inc. ELLI , sporting a Zacks Rank #1 (Strong Buy).

Is DWRE going up? Or down? Predict to see what others think: Up or Down

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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.


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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