This Is What Whales Are Betting On Dollar Gen
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on Dollar General (NYSE:DG), with 60% of big-money traders also showing bearish sentiment. The investor's activity was noticed on publicly available options history. The overall sentiment of these traders is split between 40% bullish and 60% bearish. The price of DG is currently down -2.84% at $120.37, and RSI indicators suggest the stock may be oversold.
September 13, 2023 | 5:46 pm
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A large investor has taken a bearish stance on Dollar General, indicating potential downward pressure on the stock. The stock is currently down -2.84% and may be oversold according to RSI indicators.
The bearish stance taken by a large investor, along with the bearish sentiment from 60% of big-money traders, could put downward pressure on Dollar General's stock. The current price drop and oversold RSI indicators also suggest potential further decline.
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