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EMCORE (EMKR) Catches Eye: Stock Adds 5.1% in Session

EMCORE CorporationEMKR was a big mover last session, as its shares rose a little over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $8.70 to $9.75 in the past one-month time frame.

None of the estimates for this 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.

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

EMCORE Corporation Price

EMCORE Corporation Price | EMCORE Corporation Quote

A better-ranked stock in the Electronics - Manufacturing Machinery space is MKS Instruments, Inc. MKSI , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

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MKS Instruments, Inc. (MKSI): Free Stock Analysis Report

EMCORE Corporation (EMKR): Free Stock Analysis Report

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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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