PDD Holdings Unusual Options Activity For September 18
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for PDD Holdings (NASDAQ:PDD), with a bearish stance taken by a large investor. The sentiment among big-money traders is split, with 48% bullish and 52% bearish. The targeted price range for PDD Holdings over the last 3 months is from $65.0 to $155.0. The price of PDD is currently up 0.52% at $99.98. Several financial institutions have maintained their positive ratings on PDD Holdings, with price targets ranging from $115 to $140.
September 18, 2023 | 6:45 pm
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PDD Holdings has seen unusual options activity, with a large investor taking a bearish stance. The sentiment among big-money traders is almost evenly split. Several financial institutions have maintained their positive ratings on PDD, with price targets ranging from $115 to $140.
The unusual options activity and the bearish stance taken by a large investor could potentially impact PDD's stock price. However, the sentiment among big-money traders is almost evenly split, which makes the short-term impact uncertain. The positive ratings and price targets set by several financial institutions could provide some support to the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100