Looking At Warner Bros. Discovery's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Warner Bros. Discovery (NASDAQ:WBD), with a mix of bullish and bearish stances. Whales have been targeting a price range from $2.5 to $15.0 for the company over the last 3 months. The company's stock price is currently down by 9.74% at $11.86. Analysts from Barclays, Truist Securities, Morgan Stanley, and Benchmark have provided their ratings and price targets for the company.
September 01, 2023 | 4:01 pm
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Warner Bros. Discovery has seen unusual options activity, with a mix of bullish and bearish stances. The stock price is currently down by 9.74% at $11.86. Analysts have provided their ratings and price targets for the company.
The unusual options activity indicates that investors are taking significant positions in Warner Bros. Discovery, which could lead to increased volatility in the stock price. The current downward trend in the stock price and the mixed analyst ratings could potentially impact the stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100