Travel, tech stocks prop up Europe, energy sector takes a hit
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- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- Comstock Resources signs $1.65B deal with SOCAR, $450M JV
Call Buying Activity in STMicroelectronics N.V. (STM) Targets 13.5% Upside in Shares Through January -Susquehanna
September 15, 2020 1:47 PM EDTSusquehanna options strategist Alison Edwards notes call buying activity in STMicroelectronics N.V. (NYSE: STM), as an opening investor in purchased 10k Jan 32.5 Calls for $2.80 to $3.00 in small lots early in the session. The investor opens upside exposure through mid-January, breaking even on a 13.5% rally in the underlying.
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