Check Out What Whales Are Doing With DDOG
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Datadog (NASDAQ:DDOG), with 59% of detected trades showing bearish expectations. However, the price of DDOG is up 4.36% at $105.88. Whales have been targeting a price range from $70.0 to $130.0 for Datadog over the last 3 months. The next earnings are expected to be released in 23 days.
July 11, 2023 | 5:34 pm
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NEUTRAL IMPACT
Bearish sentiment detected in Datadog trades, but stock price is up 4.36%. Whales target price range $70-$130. Earnings expected in 23 days.
The bearish sentiment detected in the trades could potentially put downward pressure on the stock price. However, the current upward trend in the stock price and the upcoming earnings release could counteract this bearish sentiment. The targeted price range by whales indicates a potential for both upward and downward movement.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100