|Day Low/High||48.94 / 49.41|
|52 Wk Low/High||29.82 / 49.55|
That's when time is up and their obligations to buy or sell shares either disappear or end with exercises at the option's in-the-money value.
Monday's rally might have been ugly, except that this is 2020. Anything goes in 2020.
The combination of growing dividends along with simultaneous share buybacks can be powerful.
My Netflix short was a big winner yesterday, but I am also long Amazon and Google, which were hit with pretty strong collateral damage.
Barnes & Noble, which plans to separate its educational business, could have a breakup value of over $35 a share.
Let's take a peek at overnight and early-morning price action in several important asset classes. The rundown: S&P futures -1; Nasdaq futures +1; Nikkei 1.3% (weak economic data, see below); China Shanghai +1%-; Europe up small -- HSBC (HBC) is down...
The Dow rose for the 20th straight Tuesday spurred by an upbeat housing report and better-than-expected consumer confidence data.
Tiffany & Co. reports first quarter net income that rose 3%, beating Wall Street expectations.
Here we'll review the largest holdings of Royal Capital, which focuses on smaller bargain-priced names.