NEW YORK (Reuters) – GoPro Inc shares rose 3 percent to touch a new high and options volume looked set to hit a record on Tuesday, a day after the maker of cameras worn by surfers and skydivers said it would be launching two new action cameras, as well as a lower priced beginner-friendly model.
The stock has become a momentum-crowd favorite recently, with shares nearly tripling from their first-day closing price of $31.34 on June 26.
NEW YORK (Reuters) – Chinese e-commerce heavyweight Alibaba Group’s options were among the most active on Monday, their first day of trading, with an even mix of bullish and bearish bets.
The mix implies equal numbers of bets on the Alibaba stock climbing or falling from current levels. The company’s shares were down 2 percent at $88.80 on Monday.
And Alibaba options have begun trading $BABA
NEW YORK (Reuters) – In a glitzy show of lights, lasers and slogans, populist Prime Minister Narendra Modi delivered a triumphal address to tens of thousands of Indian-Americans and U.S. dignitaries in New York on Sunday, less than a decade after he was barred from the United States over bloody sectarian riots.
Speaking at Madison Square Garden, a venue more used to hosting big sports events and the greatest names in rock music, the Hindu nationalist leader urged the Indian diaspora to join his movement for the development of India.