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Palm (PALM) December volatility flat at 74

October 28, 2009 9:07 AM EDT
Palm (Nasdaq: PALM) closed at $13.38. BMO Capital Markets lowered its rating on PALM to Underperform from Market Performer. PALM's Pixi product is expected to be available at Sprint-S before the holidays. PALM November option implied volatility is at 62, December is at 74, January is at 75; verses its six-month average of 75, according to Track Data, suggesting non-directional price movement. Paul Foster

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