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MARKETS LIVE BLOG:

STOCKS TRADE MIXED, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Uniti Group (UNIT) Looks Good: Stock Adds 8% in Session

Zacks Equity Research

Uniti Group Inc. UNIT 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 continues the recent uptrend for the company —as the stock is now up 21.8% 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.

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

Uniti Group Inc. Price

Uniti Group Inc. Price
Uniti Group Inc. Price

Uniti Group Inc. price | Uniti Group Inc. Quote

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Investors interested in the REIT and Equity Trust - Other industry may consider a better-ranked stock like Prologis, Inc. PLD, which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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