Bears Pounce On Kellogg Stock Ahead Of Earnings - News Summed Up

Bears Pounce On Kellogg Stock Ahead Of Earnings


In fact, K stock is now positioned below its previously supportive 36-month, or three-year, moving average for the first time since 2012. This dismal price action hasn't been missed by Wall Street, either, as bearish bets have been pouring in ahead of the company's earnings release on Thursday morning. Most notably, short interest on Kellogg stock jump by a brow-raising 68% in the two most recent reporting periods. As it stands now, just one of the eleven brokerage firms that track Kellogg stock recommend buying it. Visit SchaeffersResearch.com to discover how you can use stock options to complement your investing portfolio.


Source: Forbes May 02, 2017 19:18 UTC



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