News Formal

Traders bet Snap could soar 12% after earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Traders bet Snap could soar 12% after earnings $SNAP (via OptionsAction)

in 2019, with Snap up a whopping 162%, Facebook tacking on a 55% gain and Twitter climbing more than 30%.

Snap shares saw four times the amount of calls — trades that bet on the stock going higher — as puts, or more bearish bets, with the options market implying a 14% move for the stock by the end of the week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

OptionsAction SNAP still around?

OptionsAction you permabull charlatans are an utter disgrace - stop spivving retail investors into stocks on a short term basis - you are a disgrace - the earnings are a lottery and SNAP can easily lose 10% in a day

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:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Snap shares jump on upgrade ahead of earnings after the bellShares of Snap, parent company of Snapchat, rose on Tuesday following an upgrade from Stifel ahead of the company's earnings release after the bell.
Source: CNBC - 🏆 12. / 72 Read more »