This Is What Whales Are Betting On Northrop Grumman
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Northrop Grumman (NYSE:NOC) by a large investor, as observed in the publicly available options history. The overall sentiment of these big-money traders is 86% bearish. The whales have been targeting a price range from $220.0 to $460.0 for Northrop Grumman over the last 3 months. The price of NOC is currently down -4.39% at $437.11.
July 27, 2023 | 2:31 pm
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A large investor has taken a significant bearish stance on Northrop Grumman, with the overall sentiment of big-money traders being 86% bearish. The price of NOC is currently down -4.39%.
The bearish stance taken by a large investor, as well as the overall bearish sentiment of big-money traders, indicates a potential decrease in the stock price of Northrop Grumman in the short term. The current decrease in the price of NOC further supports this prediction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100