RF Micro (RFMD) Volatility Higher into Q4 Numbers; Shares Down 3%
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RF Micro Devices (Nasdaq: RFMD) shares are holding lower into the close Monday, as volatility is spiking for the RF component maker heading into its fourth-quarter 2012 results.
Market data shows RF implied volatility up 19 percent from the close last Friday, also about 55 percent better than its annual historical range.
The Street is looking for RF to swing to a loss of 1 cent per share as revs lighten 13 percent to $185.2 million.
RF is down 3 percent into the close Monday.
Market data shows RF implied volatility up 19 percent from the close last Friday, also about 55 percent better than its annual historical range.
The Street is looking for RF to swing to a loss of 1 cent per share as revs lighten 13 percent to $185.2 million.
RF is down 3 percent into the close Monday.
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