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Look for Shares of Green Dot Corp-A to Potentially Rebound after Yesterday's 3.73% Sell Off

By Amy Schwartz

Green Dot Corp-A (NYSE:GDOT) traded in a range yesterday that spanned from a low of $23.20 to a high of $25.00. Yesterday, the shares fell 3.7%, which took the trading range below the 3-day low of $29.15 on volume of 1.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is tracking the current trend status for Green Dot Corp-A and will alert subscribers who have GDOT in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Green Dot Corp-A has traded in a range of $22.45 to $93.00 and is now at $23.50, 5% above that low. The 200-day and 50-day moving averages have moved 2.04% lower and 0.39% lower over the past week, respectively.

Keywords: rebounders green dot corp-a

Ticker(s): GDOT