Check Out What Whales Are Doing With WBD
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Warner Bros. Discovery (NASDAQ:WBD) by a large investor, as indicated by unusual options trading activity. The sentiment among these big-money traders is 76% bullish and 23% bearish. The whales have been targeting a price range from $12.5 to $22.5 for Warner Bros. Discovery over the last 3 months. The current price of WBD is down -1.79% at $13.46. Several financial institutions have given their ratings and price targets for WBD.
August 14, 2023 | 3:31 pm
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Warner Bros. Discovery has seen significant options trading activity, indicating a bullish stance by a large investor. The sentiment among these traders is 76% bullish. The current price of WBD is down -1.79% at $13.46.
The unusual options trading activity indicates that a large investor is taking a bullish stance on Warner Bros. Discovery. This could potentially drive the stock price up in the short term. However, the current price of WBD is down, which might be a temporary setback.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100