Manchester United Stock On Track for Worst Day Ever

Qatar's Sheikh Jassim bin Hamad al-Thani's bid nearly 5 billion pounds in May

Deputy Editor
Sep 5, 2023 at 10:34 AM
facebook X logo linkedin

The shares of Manchester United PLC (NYSE:MANU) are down 18.7% at $19.21 at last glance, as questions arise concerning the football club's potential sale. Per a report in the Mail on Sunday, the Glazer family may not sell the club after months of positive news surrounding Qatar's Sheikh Jassim bin Hamad al-Thani's takeover bid

Familiar support above $19 is so far keeping today's pullback in check, though the stock broke below its ascending 200-day moving average. On track for its worst day on record, MANU just slipped below its year-to-date breakeven level. 

Manchester United stock is seeing a flood of options activity today. So far, 5,339 calls and 3,375 puts have been exchanged, which is five times the amount typically seen at this point. The December 30 call is the most popular, followed by the October 30 call. Amid the slide, the stock is on the short sell restricted (SSR) list. 

The two analysts in coverage are split on MANU, with one carrying a "strong buy" and one a "hold." Meanwhile, short interest represents 8.5% of the stock's available float. 



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