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MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, DOWNBEAT GDP

Caterpillar sinks 7% after earnings, management sees weakness in Europe, Asia-Pacific

Internap (INAP) Shows Strength: Stock Gains 5.7% in Session

Zacks Equity Research
Updated

Internap Corporation INAP was a big mover last session, as the company saw its shares rise almost 6% 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 for the company as the stock is now trading above the volatile price range of $3.73 to $4.50 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
 
Internap currently carries a Zacks Rank #3 (Hold).

Internap Corporation Price

 

Internap Corporation Price | Internap Corporation Quote

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A better-ranked stock in the Internet - Services industry is Autohome Inc. ATHM, which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Autohome Inc. (ATHM) : Free Stock Analysis Report
 
Internap Corporation (INAP) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research