Check Out What Whales Are Doing With MTD
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Mettler-Toledo Intl (NYSE:MTD) by a large investor, as indicated by a large position in options. The overall sentiment of these big-money traders is split between 41% bullish and 58% bearish. The whales have been targeting a price range from $1160.0 to $1210.0 for Mettler-Toledo Intl over the last 3 months. The price of MTD is currently down -1.71% at $1137.89.
September 15, 2023 | 3:02 pm
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NEGATIVE IMPACT
A large investor has taken a bearish stance on Mettler-Toledo Intl (NYSE:MTD), with a significant position in options. The price of MTD is currently down -1.71% at $1137.89.
The bearish stance taken by a large investor, as indicated by a significant position in options, suggests that there may be a negative outlook for Mettler-Toledo Intl. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100