Reddit, Inc. (RDDT) generated a strong Q2 FCF margin (32.4%) - see page 21 of its shareholder letter. And for the trailing 12-month (TTM) period, its FCF margin was 36.7%, with very little capex.
So why did RDDT stock tumble 20% on Friday? That was too much, and value investors knew this. So, on Monday it was up 10%. It could still be worth over 40% more.
Investors Pile Into Long-Dated Microsoft Call Options in Unusual Volume - Bullish on MSFT Stock
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#investors #Margin #reddit #long
So why did RDDT stock tumble 20% on Friday? That was too much, and value investors knew this. So, on Monday it was up 10%. It could still be worth over 40% more.
Investors Pile Into Long-Dated Microsoft Call Options in Unusual Volume - Bullish on MSFT Stock
Option Volatility And Earnings Report For Aug 3 - 7
Covered Call Screener Results for August 4th
#investors #Margin #reddit #long
3 months ago