is scheduled to release its first-quarter earnings after the bell on Tuesday. Whichever way the stock moves will have significant implications for its biggest shareholders, — the largest of which holds 9% of all outstanding shares. To be sure, BlackRock, JPMorgan, and other firms own shares for their clients.
To be sure, the options market is signaling a move between 7% and 8% in either direction, which is slightly elevated when compared to the average performance over the last four- and eight-quarters, according to a Susquehanna analysis. after earnings are released. Shares have already surged 50% since the broader market sell-off in December, though they're still trading 17% below their all-time high hit last June.
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