Synchronoss (SNCR) Stock Falls Amid Market Uptick: What Investors Need to Know

The mobile services company's stock has dropped by 10.21% in the past month, falling short of the Computer and Technology sector's gain of 6.18% and the S&P 500's gain of 3.38%. For the full year, the Zacks Consensus Estimates are projecting earnings of $0.56 per share and revenue of $172.84 million, which would represent changes of +139.72% and -19.41%, respectively, from the prior year. Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capital ...