Knowles (KN) Tops Q1 EPS by 1c, Offers Q2 Guidance

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Call Buying Activity in Knowles (KN) Targets 14.5% Upside in Shares, Amid Pressure from Activist Investors -Susquehana

April 26, 2019 1:44 PM EDT

Susquehanna options strategist Alison Edwards notes call buying activity in Knowles (NYSE: KN), as an opening investor in bought 5k Sep 20 Calls for $1.10. This investor breaks even in the event of a 14.5% rally in the underlying. Note that the company has faced activist pressure recently.

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