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Domo (DOMO) Soars: Stock Adds 10.7% in Session
Domo, Inc. (DOMO - Free Report) was a big mover last session, as the company saw its shares rise more than 10% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend for the company-as the stock is now up 22.3% in the past one-month time frame.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Domo. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Domo currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Domo, Inc. Price
Domo, Inc. price | Domo, Inc. Quote
A better-ranked stock in the Internet – Software industry is Cloudera, Inc. , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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