Improved Offer Places Spotlight on Manchester United Stock

MANU is down roughly 17% since the start of the year

Deputy Editor
May 17, 2023 at 11:10 AM
facebook X logo linkedin

Manchester United PLC (NYSE:MANU) is in focus today, after the New York Times reported that Qatar's Sheikh Jassim bin Hamad al-Thani made an improved final offer to buy the football club. The offer is now nearing 5 billion pounds (or $6.31 billion). 

Manchester United stock is up 1.5% to trade at $19.25 at last glance. The shares have been seeing pressure from their 20-day moving average for a little over a month, with the equity currently down 17.1% year-to-date. 

The two analysts in coverage are split on MANU, with one carrying a "strong buy" and one a tepid "hold." It's worth noting that short interest represents 6.3% of the stock's available float. 

Now could be a good time to weigh in on the security with options. According to the stock's Schaeffer's Volatility Scorecard (SVS) reading of 89 out of 100, it tends to outperform volatility expectations. 



Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI