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MGA May 2024 47.500 call

OPR - OPR Delayed price. Currency in USD
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0.5500-1.6000 (-74.42%)
At close: 03:32PM EDT
Full screen
Previous close2.1500
Open0.5500
Bid0.5500
Ask0.6500
Strike47.50
Expiry date2024-05-17
Day's range0.5500 - 1.0000
Contract rangeN/A
Volume307
Open interest1.02k
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  • Reuters

    UPDATE 1-Magna lags profit estimates, cuts annual sales forecast on supply chain snags

    Canada's Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. Auto parts suppliers have been struggling with lower-than-expected demand for their EV components, as carmakers shift their focus toward producing affordable hybrid vehicles instead. Magna, which produces powertrains, along with assembling complete vehicles, signed agreements with Fisker in 2020 to engineer and manufacture its Ocean SUV.

  • Reuters

    Magna lags profit estimates, cuts annual sales forecast on supply chain snags

    (Reuters) -Canada's Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. Auto parts suppliers have been struggling with lower-than-expected demand for their EV components, as carmakers shift their focus toward producing affordable hybrid vehicles instead. Magna, which produces powertrains, along with assembling complete vehicles, signed agreements with Fisker in 2020 to engineer and manufacture its Ocean SUV.