This Is What Whales Are Betting On Intel
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Intel (NASDAQ:INTC), with 90% of detected trades having bearish expectations. Whales have been targeting a price range of $31.0 to $38.0 for Intel over the last 3 months. The current price of INTC is down 2.06% at $34.28.

June 21, 2023 | 2:21 pm
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A whale investor has taken a bearish stance on Intel, with 90% of detected trades having bearish expectations. The current price of INTC is down 2.06% at $34.28.
The bearish stance taken by a whale investor, who has significant influence in the market, indicates a potential negative impact on Intel's stock price in the short term. With 90% of detected trades being bearish, this suggests that the majority of investors are expecting the stock price to decline. The current price of INTC being down 2.06% at $34.28 further supports this expectation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100