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MARKETS LIVE BLOG:

STOCKS OPEN MIXED AFTER ISRAEL STRIKE-FUELLED TUMBLE

Shares of Netflix, the first of the megacap techs to report, slide in early trading

ORBCOMM (ORBC) Catches Eye: Stock Jumps 5.2%

Zacks Equity Research

ORBCOMM Inc. ORBC was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too 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 14.9% in the past one-month time frame.

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

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

ORBCOMM Inc. Price

ORBCOMM Inc. Price
ORBCOMM Inc. Price

ORBCOMM Inc. price | ORBCOMM Inc. Quote

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Investors interested in the Satellite and Communication industry may consider a better-ranked stock like EchoStar Corporation SATS, which carries 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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Zacks Investment Research