This Is What Whales Are Betting On General Motors
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on General Motors (NYSE:GM), with 60% of detected trades being bearish and 39% bullish. Whales have been targeting a price range of $25 to $45 for GM over the last 3 months. Citigroup maintains a Buy rating on GM with a price target of $85.

June 06, 2023 | 6:16 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
A whale investor has taken a bearish stance on General Motors, with 60% of detected trades being bearish. Whales have been targeting a price range of $25 to $45 for GM over the last 3 months.
The bearish stance taken by a whale investor, who has a significant amount of money to invest, indicates a potential negative short-term impact on GM's stock price. The fact that 60% of detected trades are bearish suggests that there is a higher probability of the stock price going down in the short term. Additionally, the targeted price range of $25 to $45 by whales over the last 3 months shows that there is significant interest in this price range, which could further impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100