American Superconductor Corporation - AMSC - Down big in after hours
American Superconductor Corporation - AMSC - pre-announced earnings and it doesn't appear good - the stock is down over $10 as of this writing. The stock was already down over 12% ytd according to google, and this is a name many traders have played from the short side in the past. Looking at the order flow over the last week, however, nothing stood out as bearish order flow indicating that someone knew something ahead of time. The skew however did smirk with a bear tail. Could provide some fun trading tomorrow especially since the options trade nickel increments! Definitely want to have this on your screen tomorrow morning.
No position at this time. Position declarations are believed to be accurate at time of writing but may change at any time and without notice.