Opinions
Jon Nagerian, Co-founder, MarketRebellion.com
Bloomin' Brands
BLMN-Q
COMMENT
Dec 13, 2021
Options moves: It was $18.50, and buyers were buying 12,000ths--a big trade--equalling 1.2 million shares of the April $22.50 calls. He bought at the money and hopes to sell higher strikes at this rallies.
$19.180
Stock price when the opinion was issued
food services
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
RISKY
Given the impressive track record of new investor, Starboard (Papa John's and Dardens), BLMN looks promising. Trades at 9.4x PE this year, lower than Darden, Cracker Barrel and other peers. Their last quarter delivered in-line sales and decent earnings, but the bar was low. Domestic sales grew only 0.8%. Stocks tumbled after that report. Something's wrong here. So, Starboard could turn this chain around like they've done with other chains.
food services
Advertising