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Fly News Breaks for May 4, 2018
AI
May 4, 2018 | 08:38 EDT
As reported earlier, Maxim analyst Michael Diana downgraded Arlington Asset Investment to Hold from Buy. Diana says the current dividend yield of 19.6% may be unsustainable relative to the company's earnings as it will either reduce the book value and typically the stock price or lead to a dividend cut. The analyst adds that considering the company's higher leverage vs. 2017, the likelihood of a distribution cut has increased.
News For AI From the Last 2 Days
AI
Apr 18, 2024 | 12:46 EDT
Bullish option flow detected in C3 AI with 27,934 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 61.59%. 5/3 weekly 22 calls and May-24 30 calls are the most active options, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 0.31. Earnings are expected on May 29th.