wwwPosted Mar 19th 2008 9:50AM by Paul Foster
Filed under: Monster Worldwide (MNST), Options
Monster Worldwide (NASDAQ: MNST) is recently down $2.34 to $23.36 in pre-open trading.
MNST warned of higher marketing-operating expenses and weak revenue trends will result in lower Q1 EPS.
Bank of America lowered its price target to $39 from $45.
MNST overall option implied volatility of 59 is above its 26-week average of 49 according to Track Data, suggesting larger movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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