Palantir Technologies Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Palantir Technologies (NYSE:PLTR) by a large investor, as observed in the unusual options activity. The sentiment among these big-money traders is 18% bullish and 81% bearish. The whales have been targeting a price range from $10.0 to $27.0 for Palantir over the last 3 months. The current price of PLTR is up 1.98% at $14.79. Analysts have mixed ratings on the stock, with price targets ranging from $7 to $25.
August 22, 2023 | 5:17 pm
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NEGATIVE IMPACT
A large investor has taken a bearish stance on Palantir Technologies, with unusual options activity observed. The sentiment among these traders is largely bearish, with a price target range of $10.0 to $27.0. The stock is currently up 1.98% at $14.79.
The bearish stance taken by a large investor, as indicated by the unusual options activity, suggests a potential downward pressure on the stock price. The sentiment among these traders is largely bearish, which could further impact the stock negatively. However, the stock is currently up, indicating some positive sentiment in the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100