Shaw Group (SHAW) volatility flat; shares down 13% on Q3 results

Shaw Group (Nasdaq: SHAW) is recently down 13% in pre-open trading on disappointing Q3 results. Citigroup Global Markets say's "the combination of executions issues in 3Q11 and uncertainty/delays in the build out of nuclear projects should lead to further investor uneasiness and significant share price volatility in the near to medium term." Overall option implied volatility of 39 is near its six-month average of 37 according to Track Data.

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