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Moody's (NYSE: MCO) closed down $1.84 to $24.26. A U.S. District Court judge declined to reject a lawsuit against Moody's (MCO) and McGraw Hill's (NYSE: MHP) Standard & Poor's, according to Bloomberg. MCO September and October option implied volatility of 58 is near its 26-week average according to Track Data.
McGraw-Hill closed down $3.30 to $29.01. MHP September and October option implied volatility of 44 is below its 26-week average of 50 according to Track Data, suggesting decreasing price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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Reader Comments (Page 1 of 1)
9-04-2009 @ 11:38AM
Insider Guy said...
On that note Warren Buffett sells a cool $21 Million worth Moody's.
http://www.insiderstockdump.com/