Commercial Metals (CMC) volatility elevated on Icahn reporting 9.98% stake
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Price: $72.15 +1.42%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.1%
Revenue Growth %: +18.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.1%
Revenue Growth %: +18.8%
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Commercial Metals (NYSE: CMC) August and September call option implied volatility of 44 is above its six-month average of 35 according to Track Data, suggesting larger price movement on Carl Icahn reporting a 9.98% stake.
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