Ubiquiti Networks (UBNT) volatility elevated at a 108, analysts downgrading rating on guidance

Ubiquiti Networks (Nasdaq: UBNT) is recently down $5.09 to $9.09 in the premarket after reporting weak guidance and a bigger than anticipated impact from counterfeiting. UBS, Deutsche Bank, Weedbush and Pacific Crest lowered their ratings on the stock. Overall option implied volatility of 108 is above its 26-week average of 70 according to Track Data.

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