UUUU is trading 3% up at $17.28 as the stock rebounds from a sharp selloff tied to a significant earnings estimate downgrade from Zacks.
- Zacks Investment Research slashed its current-year earnings estimate for the company by 147.1% and assigned a Sell rating, triggering a heavy decline in the prior session.
- Today's move represents a partial recovery as bargain hunters step in to buy the dip despite a broadly weaker market backdrop.