Bullish Options Sentiment in Fidelity National Information Services (FIS) Following News of WorldPay (WP) $43B Acquisition -Susquehanna
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Price: $35.19 -1.21%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.6%
Revenue Growth %: +26.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 4.6%
Revenue Growth %: +26.2%
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Susquehanna options strategist Alison Edwards notes call buying activity in Fidelity National Information Services (NYSE: FIS), as an opening investor bought 12k Apr 110 Calls, paying $1.85. The investor expresses a bullish sentiment suggesting the shares have an increased probability to trade above $110 (+2.6%). Recall, it was announced this morning that the company will buy competitor WorldPay (NYSE: WP) in a $43 billion deal.
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