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Hortonworks (HDP) in Focus: Stock Moves 6.1% Higher

Zacks

Hortonworks, Inc. HDP was a big mover last session, as the company saw its shares rise over 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 $17.15–$19.40 in the past one-month time frame, witnessed a sharp increase yesterday.

Hortonworks has seen two negative estimate revisions over the past two months. The Zacks Consensus Estimate for the current quarter has also revised downward over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Hortonworks currently has a Zacks Rank #3 (Hold) while its Earnings ESPis 0.00%.

Hortonworks, Inc. Price and Consensus


Another stock in the Internet – Software industry is Paycom Software, Inc.PAYC which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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