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MGA May 2024 47.500 put

OPR - OPR Delayed price. Currency in USD
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1.6000+0.0400 (+2.56%)
As of 01:19PM EDT. Market open.
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Previous close1.5600
Open1.6400
Bid1.6000
Ask1.7500
Strike47.50
Expiry date2024-05-17
Day's range1.2500 - 2.1000
Contract rangeN/A
Volume2,935
Open interest2.48k
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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.