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SouFun Holdings (SFUN) In Focus: Stock Falls 7.3% - Tale of the Tape

SouFun Holdings Ltd. ( SFUN ) saw a big move last session, as the company's shares fell by over 7% 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 trend of the company, as SFUN is now trading within the volatile price range of $10.52 to $13.36 in the past one-month time frame.

This slump shouldn't be too much of a surprise to investors, as the Business Services provider has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower 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.

SFUN currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the Business Services industry include Avis Budget Group, Inc. ( CAR ), CopyTele, Inc. ( COPY ) and ExamWorks Group, Inc. ( EXAM ). While Avis Budget holds a Zacks Rank #1 (Strong Buy), CopyTele and ExamWorks carry a Zacks Rank #2 (Buy).

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SOUFUN HLDG-ADR (SFUN): Free Stock Analysis Report

AVIS BUDGET GRP (CAR): Free Stock Analysis Report

COPYTELE INC (COPY): Get Free Report

EXAMWORKS GROUP (EXAM): 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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