Check Out What Whales Are Doing With SGEN
Portfolio Pulse from Benzinga Insights
A large bearish position on Seagen (NASDAQ:SGEN) has been spotted, with 72% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $155 to $210 for Seagen over the last 3 months.
May 18, 2023 | 8:46 pm
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A large bearish position has been spotted on Seagen (NASDAQ:SGEN), with 72% of big-money traders showing bearish sentiment. Whales have been targeting a price range of $155 to $210 for Seagen over the last 3 months.
The large bearish position on Seagen indicates that big-money traders expect the stock price to decline in the short term. With 72% of these traders showing bearish sentiment, it is likely that the stock price will be negatively impacted. Additionally, the targeted price range of $155 to $210 suggests that there is potential for significant price movement within this range.
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