This Is What Whales Are Betting On Advanced Micro Devices
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Advanced Micro Devices (NASDAQ:AMD), with 50% of investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $70.0 to $175.0 for AMD over the last 3 months. The price of AMD is currently down -0.92% at $100.56. The next earnings are expected to be released in 43 days.
September 18, 2023 | 1:47 pm
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A whale investor has shown bullish sentiment towards AMD, with a targeted price range of $70-$175 over the last 3 months. The current price is down -0.92% at $100.56.
The bullish sentiment from a whale investor, who typically has significant influence in the market, could potentially drive the price of AMD up in the short term. However, the current price is down, indicating some market uncertainty. The upcoming earnings release in 43 days could also impact the stock price.
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IMPORTANCE 80
RELEVANCE 100