UBS (UBS) NewsBite - UBS Featured in a Bloomberg Video Report

Posted on Wednesday, June 18, 2008 11:51 AM
UBS (UBS) opened at $23.84. So far today the stock has hit a low of $23.68 and a high of $23.93. UBS is now trading at $24.06, down 0.49 (-2.00%). After hitting a one-year high of $56.16 last June, the stock hit a one-year low of $19.73 in March. UBS was covered in a Bloomberg Video Report today. To see the video report go to www.gotomic.com/VideoNews.asp . Technical indicators for UBS are bearish and improving slightly, while S&P gives the stock a neutral 3 Stars (out of 5) Hold rating. For a hedged play on this stock, consider a December bear-call spread above the $30 range. UBS hasn't been above 30 since taking a dive at the end of May, and could gain up to 24.7% before this trade loses money. [LHF- Seven Summits Strategic Investments NewsBite]
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