FXCM (FXCM) volatility increases on sharp sell off
Tweet
Share
E-mailGet Alerts FXCM Hot Sheet
Join SI Premium – FREE
FXCM (Nasdaq: FXCM) sold off 17% to $9.97 on May 16 after it reported disappointing Q1 earnings. This morning Citigroup downgraded FXCM to Sell and lowered its target for shares to $7.00 from $12.50. Overall option implied volatility of 56 is above its four-month average of 51 according to Track Data.
Are you missing key trading opportunities? Upgrade to StreetInsider Premium and get a step ahead of the market - FREE TRIAL!
Create E-mail Alert Related Categories
OptionsRelated Entities
Citi, Options, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
