Check Out What Whales Are Doing With XOM
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Exxon Mobil (NYSE:XOM), with 62% of the investors opening trades with bearish expectations. The whale activity has been targeting a price range from $99.0 to $110.0 for Exxon Mobil over the last 3 months. The price of XOM is currently down -0.84% at $106.34. The next earnings are expected to be released in 87 days.
August 04, 2023 | 10:03 am
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NEGATIVE IMPACT
A whale investor and majority of other investors have taken a bearish stance on Exxon Mobil. The stock price is currently down -0.84% at $106.34.
The bearish sentiment among a whale investor and majority of other investors indicates a lack of confidence in the company's short-term performance. This could lead to selling pressure on the stock, potentially driving the price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100