Vonage (VG) Volatility Up with Shares Pressured; Breaks Through Key Support Level
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Vonage Holdings (NYSE: VG) volatility is higher Monday as shares are down 7.3 percent on the session early.
According to market data, implied volatility for Vonage is 23 percent higher than Friday's close and 309 percent above its annual historical average.
Shares are seeing some increased volume on the move today.
Prior to today's move, the stock appeared to be bouncing off of the $1.70 support level over the last month. Shares might be seeing a new level at $1.65 moving forward.
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According to market data, implied volatility for Vonage is 23 percent higher than Friday's close and 309 percent above its annual historical average.
Shares are seeing some increased volume on the move today.
Prior to today's move, the stock appeared to be bouncing off of the $1.70 support level over the last month. Shares might be seeing a new level at $1.65 moving forward.
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*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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