Riverbed (RVBD) volatility elevated; shares near seven-month lows weak guidance

Riverbed (Nasdaq: RVBD) is recently down $7.54 to $20.32 in the premarket after reducing guidance on a difficult product transition. Deutsche Bank say’s “Losing growth credentials: downgrade to Hold.” Overall option implied volatility of 67 is above its 26-week average of 54 according to Track Data.

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