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21Vianet Group, Inc. (VNET) Jumps: Stock Rises 8.2%

Zacks Equity Research
Updated

21Vianet Group VNET was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.02 to $7.36 in the past one-month time frame.

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

21Vianet currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

21Vianet Group, Inc. Price

21Vianet Group, Inc. Price | 21Vianet Group, Inc. Quote

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A better-ranked stock in the Computer and Technology sector is Limelight Networks, Inc. LLNW, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Zacks Editor-in-Chief Goes "All In" on This Stock

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Limelight Networks, Inc. (LLNW) : Free Stock Analysis Report
 
21Vianet Group, Inc. (VNET) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research