Uber Technologies Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bearish stance on Uber Technologies (NYSE: UBER), with 66 unusual options trades detected. 48% of investors opened trades with bullish expectations, while 51% were bearish. Whales have been targeting a price range of $30 to $55 for Uber over the last 3 months. Analysts have mixed price targets, ranging from $46 to $65.
June 26, 2023 | 2:20 pm
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A whale has taken a bearish stance on Uber Technologies, with 66 unusual options trades detected. Analysts have mixed price targets, ranging from $46 to $65.
The article highlights a whale taking a bearish stance on Uber Technologies, with 66 unusual options trades detected. However, analysts have mixed price targets, ranging from $46 to $65. This suggests that the short-term impact on Uber's stock price may be neutral, as the market tries to digest the mixed signals from the whale's bearish stance and the analysts' price targets.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100