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Stage Stores (SSI) Looks Good: Stock Adds 9.3% in Session

Stage Stores Inc.SSI was a big mover last session, as the company saw its shares rise over 9% on the day. The upside came after the company declared a cash dividend payment of 15 cents per share to be paid on Dec 16 which led to more shares changing hands than in a normal session. This reverses the recent trend for the company - as the stock is now down more than 41% since Nov 6.

The company has seen 1 negative estimate revision in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday's move higher can last.

Stage Stores currently has a Zacks Rank #3 (Hold).

A better-ranked stock in the same space is American Eagle Outfitters, Inc. AEO with a Zacks Rank #2 (Buy).

Is SSI going up? Or down? Predict to see what others think: Up or Down

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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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