NEW YORK (Reuters) – Well-timed bullish options bets on Digital River Inc (DRIV.O: Quote, Profile, Research, Stock Buzz) were placed about two weeks before the e-commerce services company said on Friday it would be taken private.
Digital River’s stock rose 48 percent to $25.75 on Friday, a day after the Minnesota-based company said it entered into an agreement to be bought by an investor group led by Siris Capital Group LLC for $26 a shares.
NEW YORK, Oct 23 (Reuters) – Facebook Inc investors
used to wild swings in the company’s shares following its
earnings reports are looking for relative calm on Tuesday, after
the social media company posts results.
Facebook, whose shares rose 3 percent to a new year-high of
$80.63 on Thursday, is scheduled to report third-quarter results
on Oct. 28.