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This week we have watched some sizable options plays apparently betting on a sharp rebound in the value of the fund.
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Year-to-date through April 18, the net asset value of the iShares Telecom Index has gained nearly 13%, driven in part by a sharp rebound in the performance of large telecom companies like BellSouth, which agreed earlier this year to an acquisition by AT&T.
So most predict a sharp rebound in the third quarter.
A public sale would come amid a sharp rebound in the number of initial public offerings, which roughly tripled in the first quarter of 2011 compared with the same period a year ago.
To recover and drive profitability Motorola needs a sharp rebound in cellular sales, the industry segment with the greatest growth potential.
They expect a sharp rebound in profits over the next year and beyond.
A Technology Turnaround A sharp rebound in some technology stocks powered the $2.2 billion MFS Mid-Cap Growth fund, said Mark Regan, the portfolio manager.
The Oracle Corporation reported a sharp rebound in its third fiscal quarter today with record results that exceeded analysts' estimates.
Traders anticipating a sharp rebound in Seagate's share price by May expiration coveted call options in the first half of the trading session.
The stock market appeared to be shrugging off a sharp rebound in oil prices.
Still, a sharp rebound in demand for air transport services last year has spurred many airlines, especially in Asia, to expand networks and increase spending plans.
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