Motorola Mobility (MMI) Volatility Pops as Google (GOOG) to Begin Selling Android Devices Online Again
Tweet Send to a Friend
Get Alerts MMI Hot Sheet
Trade MMI Now!
Motorola Mobility (NYSE: MMI) shares are recovering following a dip earlier on headlines that Google (Nasdaq: GOOG) will begin selling Android devices online again.
According to AllThingsD, the move comes following the failed effort in 2010 with its Nexus One.
The new Galaxy Nexus will be under a new "devices" section on Google Play.
Motorola implied volatility is up 24 percent from the close Monday with IV about 350 percent above its historical level. Shares are off about 1 percent.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
According to AllThingsD, the move comes following the failed effort in 2010 with its Nexus One.
The new Galaxy Nexus will be under a new "devices" section on Google Play.
Motorola implied volatility is up 24 percent from the close Monday with IV about 350 percent above its historical level. Shares are off about 1 percent.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Yahoo! (YHOO) Board Said to Approve $1.1B Tumblr Deal
- Apple (AAPL) said to be focus of Senate offshore tax hearing - Bloomberg
- Amid Tesla (TSLA) Squeeze, Option Prices Hit Record Highs
Create E-mail Alert Related Categories
Insiders' Blog, OptionsRelated Entities
Options, Motorola Mobility/Google
Login with Facebook
Sign 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!
