MongoDB Unusual Options Activity For July 26
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for MongoDB (NASDAQ:MDB), with a majority of investors taking a bearish stance. Whales have been targeting a price range from $350.0 to $460.0 for MongoDB over the last 3 months. The current price of MDB is down -2.01% at $410.55. Keybanc, JMP Securities, and Tigress Financial have maintained their positive ratings on MongoDB, with price targets of $462, $425, and $490 respectively.
July 26, 2023 | 2:31 pm
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MongoDB (NASDAQ:MDB) has seen unusual options activity, with a majority of investors taking a bearish stance. The current price of MDB is down -2.01% at $410.55. However, Keybanc, JMP Securities, and Tigress Financial have maintained their positive ratings on MongoDB.
The unusual options activity, with a majority of investors taking a bearish stance, could potentially drive the stock price down in the short term. However, the positive ratings maintained by Keybanc, JMP Securities, and Tigress Financial could provide some support to the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100