Strength Seen in ClearPoint Neuro (CLPT): Can Its 16.9% Jump Turn into More Strength?

ClearPoint Neuro, Inc. (CLPT) shares ended the last trading session 16.9% higher at $6.58. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1.9% loss over the past four weeks. While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. The ...