Put Buying Activity in Medifast (MED) Targets Downside in Shares Following Last Week's Earnings Sell-Off -Susquehanna
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Price: $12.46 -1.35%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 8.2%
EPS Growth %: -195.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 8.2%
EPS Growth %: -195.2%
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Susquehanna options strategist Alison Edwards notes put buying activity in Medifast (NYSE: MED), as an investor bought 4k Mar 90 Puts for up to $19.70, indicating a relatively longer-dated bearish stance. The shares are up ~7% today after dropping ~27% on Fri from earnings.
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