Snap Call Option Volume Surges Amid Shareholder Calls for Capital Raising
SNAP Snap Inc
$6.35 0.00%
View chart & analysis → - 1Snap Inc. shares have risen nearly 20% this month.
- 2Snap option volume on Monday recorded more than four times the monthly average.
- 3Blue Duck Capital issued an open letter urging the Snap board to pursue dedicated capital raising.
So what's the key point?
Snap stock prices rose 20% this month and trading volume has become much higher than usual. Blue Duck Capital is demanding that the company raise more money.
Source CNBC · View original ↗
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