Check Out What Whales Are Doing With SHOP
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Shopify (NYSE:SHOP), with options history showing 12 uncommon options trades. The overall sentiment of these big-money traders is split between 58% bullish and 41% bearish. Whales have been targeting a price range from $60.0 to $240.0 for Shopify over the last 3 months.
June 23, 2023 | 4:24 pm
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A large investor's bullish stance on Shopify (NYSE:SHOP) may indicate potential short-term price increase. Whales have targeted a price range from $60.0 to $240.0 for Shopify over the last 3 months.
The large investor's bullish stance on Shopify indicates that they may have information or expectations of a positive event or trend for the company. This could lead to a short-term increase in the stock price. The targeted price range by whales also supports this potential price increase.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100