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Splunk (SPLK) Looks Good: Stock Adds 6.4% in Session

Splunk Inc. SPLK was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $190.40 – $217.30 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Splunk Inc. Price

Splunk Inc. Price

Splunk Inc. price | Splunk Inc. Quote

Investors interested in the Internet - Software industry may consider Covetrus, Inc. CVET, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Splunk Inc. (SPLK): Free Stock Analysis Report
 
Covetrus, Inc. (CVET): 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.

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