Today's Dead Cat Bounce Stock: 21Vianet Group (VNET)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified 21Vianet Group ( VNET) as a "dead cat bounce" (down big yesterday but up big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified 21Vianet Group as such a stock due to the following factors:

  • VNET has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $17.0 million.
  • VNET has traded 132,995 shares today.
  • VNET is up 6.6% today.
  • VNET was down 5.8% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in VNET with the Ticky from Trade-Ideas. See the FREE profile for VNET NOW at Trade-Ideas

More details on VNET:

21Vianet Group, Inc. provides carrier-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small- to mid-sized enterprises in the People's Republic of China. Currently there are 3 analysts that rate 21Vianet Group a buy, no analysts rate it a sell, and 1 rates it a hold.

The average volume for 21Vianet Group has been 631,900 shares per day over the past 30 days. 21Vianet Group has a market cap of $2.1 billion and is part of the technology sector and computer software & services industry. Shares are up 27.8% year-to-date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you liked this article you might like

21Vianet (VNET) Stock Plunges After Q2 Loss, Downgrade

21Vianet (VNET) Stock Declines in After-Hours Trading on Q2 Loss

5 Hated Earnings Stocks You Should Love

Tracking Bullish and Bearish Reversals

Tracking Bullish and Bearish Reversals