Analysis-With GameStop earnings on tap, options traders bet on muted moves

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

NEW YORK : Options traders are expecting comparatively subdued moves in GameStop Inc shares around its earnings report, as the company that helped spark the so-called meme stock phenomenon prepares to report quarterly results on Wednesday.Traders are pricing a 14per cent swing for GameStop's shares by Fri

NEW YORK : Options traders are expecting comparatively subdued moves in GameStop Inc shares around its earnings report, as the company that helped spark the so-called meme stock phenomenon prepares to report quarterly results on Wednesday.

Graphic: GameStop earnings reaction: https://graphics.reuters.com/GAMESTOP-RESULTS/byvrjjgjxve/chart.png The Grapevine, Texas-based company is expected to post a rise in second-quarter revenue on Wednesday as its brick-and mortar business is slowly recovering.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines