Rent-A-Center (RCII) Sees Increased Volatility; Hits New 6-Month Low
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Rent-A-Center Inc. (Nasdaq: RCII) shares are seeing some volatility as shares see a little selling Monday.
Market data has implied volatility for Rent-A-Center up 8.1 percent from Friday's close, but still slightly below its annual historical volatility.
Shares are down 6 percent on the session with strong volume. Rent-A-Center saw a little pop then drop following its first-quarter 2012 results issued last Monday.
Rent-A-Center is trading at its lowest point since last November.
Market data has implied volatility for Rent-A-Center up 8.1 percent from Friday's close, but still slightly below its annual historical volatility.
Shares are down 6 percent on the session with strong volume. Rent-A-Center saw a little pop then drop following its first-quarter 2012 results issued last Monday.
Rent-A-Center is trading at its lowest point since last November.
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