Vornado Realty Trust (VNO) Is On The Move Thanks To Weak Dollar
Posted: Monday, November 23, 2009 10:04 AM EDT
Vornado Realty Trust (NYSE: VNO) opened at $65.58. So far today, the stock has hit a low of $65.56 and a high of $66.53. VNO is now trading at $66.35, up $2.01 (3.12%). Over the last 52 weeks the stock has ranged from a low of $27.01 to a high of $70.23. Shares of VNO are rising with other stocks this morning as a weaker dollar lifted stocks. Technical indicators for the stock are neutral and S&P gives VNO a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on VNO the stock seems like it could be a candidate for a March out-of-the-money bull-put credit spread below the 45 range. [ABR-Seven Summits Strategic Investments NewsBite]
Click Symbol For More News On: (VNO)
CLICK HERE: FREE Vornado Realty Trust (VNO) Stock ReportSee what our analysts have uncovered about Vornado Realty Trust (VNO).
Limited Time Offer: Click here for “FREE PriceWatch Alerts” on leading stocks from Investors Observer. Get the right investing information at the right time. Give yourself EVERY edge in this market GO »