Needham & Company reiterates a 'Strong Buy' on Polypore (PPO) Core Business Improving With or Without Volt
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Polypore (PPO) puts active on GM's temporarily halting Volt production
August 28, 2012 3:38 PM EDTPolypore (NYSE: PPO) September 27 and 32 puts are active on total put volume of 5,700 contracts (760 calls). September put option implied volatility is at 63, October is at 61, December is at 64; compared to its 26-week average of 54 according to Track Data after General Motors (GM) temporarily halted... More
Polypore (PPO) Slammed As GM Halts Volt Production
August 28, 2012 9:47 AM EDTPolypore International Inc. (NYSE: PPO) is under heavy pressure early Tuesday following news GM (NYSE: GM) will halt production of the Chevy Volt for four weeks (Sept 17-mid Oct).
Shares of PPO last traded at $31, down 8.8 percent.... More