Commercial Metals (CMC) volatility elevated on Icahn reporting 9.98% stake
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Price: $70.28 +2.23%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
Revenue Growth %: +22.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
Revenue Growth %: +22.4%
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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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