Spire (SPIR) Moves 9.0% Higher: Will This Strength Last?

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> For Redwire Corporation, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at -$0.12. This ...