This Is What Whales Are Betting On Activision Blizzard
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Activision Blizzard (NASDAQ:ATVI), with 72% of the spotted trades being bearish. The whales have been targeting a price range from $50.0 to $92.5 for Activision Blizzard over the last 3 months. Several experts have downgraded their action on ATVI to Hold or Neutral with price targets ranging from $90 to $95. The current price of ATVI is $91.44.
August 10, 2023 | 7:32 pm
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Bearish stance by a whale investor and downgrades by experts could negatively impact Activision Blizzard's stock price.
The bearish stance by a whale investor, who typically has significant influence on the market, combined with the downgrades by experts, indicates a negative sentiment towards ATVI. This could lead to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100