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NII Holdings (NIHD) Catches Eye: Stock Moves 10.2% Higher - Tale of the Tape

NII Holdings Inc. ( NIHD ) was a big mover last session with shares rising over 10% 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 $0.45 to $0.57 since May 28.

This provider of digital wireless communications services has seen no estimate revisions in the last 7 days. The Zacks Consensus Estimate hasn't been in trend either. Friday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

NII Holdings currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Investors interested in the broader technology sector may consider better-ranked stocks like KT Corp. ( KT ), TeliaSonera Aktiebolag ( TLSNY ) and Arris Enterprises, Inc. ( ARRS ). All the three stocks sport a Zacks Rank #1 (Strong Buy).

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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

NII HLDGS-CL B (NIHD): Free Stock Analysis Report

KT CORP (KT): Free Stock Analysis Report

TELIASONERA-ADR (TLSNY): Get Free Report

ARRIS GROUP INC (ARRS): 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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