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Fly News Breaks for November 10, 2015
GSM
Nov 10, 2015 | 08:25 EDT
After Globe Specialty plunged 15% since it reported its results last week, Oppenheimer thinks the completion of the company's merger with Grupo FerroAtlantica, expected to occur before the end of the year, could provide the stock with a positive catalyst. The firm is upbeat on the merger and believes the company could announce more favorable transactions. It keeps a $25 price target and Outperform rating on the shares.
News For GSM From the Last 2 Days
GSM
Apr 17, 2024 | 13:56 EDT
Bearish flow noted in Ferroglobe with 1,011 puts trading, or 1.0x expected. Most active are Apr-24 5 puts and May-24 6 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 34.86, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 7th.