This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
Acxiom(ACXM - Get Report) is engaged in marketing technology and services that enable marketers to manage audiences, personalize consumer experiences and create customer relationships. This stock is trading up 5.3% at $13.98 in recent trading.
Today's Volume: 457,000
Average Volume: 324,097
Volume % Change: 214%
Shares of ACXM are soaring today after news broke Thursday that the company has increased the size of its authorized repurchase plan to $150 million.
>>5 Tech Stocks to Buy Instead of Facebook
From a technical perspective, ACXM are moving back above its 50-day moving average of $13.88 on above average volume. This move is also pushing ACXM above some near-term overhead resistance at $13.85.
Traders should now look for long-biased trades in ACXM if it can manage to trigger a near-term breakout trade. That trade will hit once it takes out some near-term overhead resistance at $14.27 with high-volume. Look for a sustained move or close above $14.27 with volume that's near or above 324,097 shares. If we get that action soon, then ACXM has a great chance of re-testing its 52-week high of $14.92.