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Exa Corporation Slumps: EXA Falls 5.7% in Session - Tale of the Tape

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Exa Corporation ( EXA ) saw a big move last session, as the company's shares fell by nearly 6% 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 EXA as the stock is now down over 17% in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as though the computer software company has seen no negative revision in the past few weeks but its current year consensus estimate trend has moved from earnings to loss over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

EXA currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the computer software sector include Dealertrack Technologies, Inc. ( TRAK ), MicroStrategy Inc. ( MSTR ) and Adobe Systems Inc. ( ADBE ). While Dealertrack Technologies and MicroStrategy carry a Zacks Rank #1 (Strong Buy), Adobe Systems holds 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 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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