Check Out What Whales Are Doing With PDD
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on PDD Holdings (NASDAQ:PDD) by an unknown entity, possibly an institution or a wealthy individual. This was noticed through publicly available options history. Benzinga's options scanner spotted 23 options trades for PDD Holdings, with a sentiment split between 56% bullish and 43% bearish. Whales have been targeting a price range from $80.0 to $140.0 for PDD Holdings over the last 3 months. The price of PDD is up 1.69% at $90.86.
July 31, 2023 | 2:03 pm
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POSITIVE IMPACT
A significant bullish stance has been taken on PDD Holdings, with a price target range of $80-$140. The current price of PDD is up 1.69% at $90.86.
The news of a significant bullish stance being taken on PDD Holdings by an unknown entity, possibly an institution or a wealthy individual, is likely to have a positive impact on the stock. This is further supported by the fact that the sentiment among big-money traders is more bullish than bearish. The targeted price range of $80-$140 by whales also indicates a positive outlook for the stock. The current price of PDD is also up, which is a positive sign.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100