Nielsen Holdings plc (NYSE:NLSN) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 3.6% in the past one-month time frame.
The upside was driven by rumors of a potential buyout of the measurement and data analytics company.
The company has seen one positive estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Nielsen. So, make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Nielsen currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is positive.
Nielsen Holdings Plc Price
Nielsen Holdings Plc Price | Nielsen Holdings Plc Quote
A better-ranked stock in the Business Services sector is Clean Harbors, Inc. (NYSE:CLH) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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