Strength Seen in Viggle (VGGL): Stock Jumps 9.1% - Tale of the Tape
Viggle Inc. ( VGGL ) was a big mover last session, as the company saw its shares rise over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent trend for the company as the stock is now up an astounding 129.8% in the past one-month time frame.
The company has seen no estimate revisions in the past 30 days and the Zacks Consensus Estimate has also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Viggle currently has a Zacks Rank #3 (Hold).
A better-ranked Internet software stock is Rally Software Development Corp. ( RALY ), sporting a Zacks Rank #1 (Strong Buy).
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