Depomed (DEPO) volatility flat into reports has rejected potential suitors twice

September 16, 2016 9:15 AM EDT

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

Depomed (NASDAQ: DEPO) 30 day option implied volatility of 79 compares to its 52-week range of 49 to 109 into reports that the company has rejected potential suitors twice but is now preparing to sell itself following pressure from activist investor Jeff Smith of Starboard Value.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Options, Trader Talk

Related Entities

Options, Starboard Value

Add Your Comment