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Fly News Breaks for May 14, 2019
QD
May 14, 2019 | 08:12 EDT
China Renaissance analyst Jiang Zhang assumed coverage of Qudian with a Hold rating and $8 price target, citing the company's uncertain long-term growth outlook.
News For QD From the Last 2 Days
QD
Jun 19, 2019 | 11:45 EDT
Bullish option flow detected in Qudian with 4,713 calls trading, 3x expected, and implied vol increasing over 2 points to 62.89%. Jul-19 10 calls and Jun-19 8 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.06. Earnings are expected on August 23rd.