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MARKETS LIVE BLOG:

STOCK FUTURES SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

ARC Group Worldwide (ARCW) Looks Good: Stock Up 12.6%

Zacks Equity Research
Updated

ARC Group Worldwide, Inc. ARCW was a big mover last session, as the company saw its shares rise over 12% 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 52% since Nov 4, 2016.

The company has seen two positive estimate revisions in the last 30 days, while its Zacks Consensus Estimate moved higher, suggesting solid trading ahead. So, make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

ARC Group Worldwide has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

ARC GROUP WORLD Price

 

ARC GROUP WORLD Price | ARC GROUP WORLD Quote

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A better-ranked stock in the same industry is Ubiquiti Networks, Inc. UBNT, sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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ARC GROUP WORLD (ARCW): Free Stock Analysis Report
 
UBIQUITI NETWRK (UBNT): Free Stock Analysis Report
 
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Zacks Investment Research