Check Out What Whales Are Doing With PYPL
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on PayPal Holdings (NASDAQ:PYPL), with 75% of big-money traders also showing bearish sentiment. The investor's position was noticed through publicly available options history. The overall sentiment of these traders is split between 25% bullish and 75% bearish. Whales have been targeting a price range from $50.0 to $95.0 for PayPal Holdings over the last 3 months. The price of PYPL is currently down -2.18% at $61.57.
September 19, 2023 | 2:45 pm
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A large investor has taken a bearish stance on PayPal Holdings, indicating potential downward pressure on the stock.
The bearish stance taken by a large investor, along with the overall bearish sentiment among big-money traders, could put downward pressure on PayPal's stock in the short term. This is further supported by the fact that the price of PYPL is currently down -2.18%.
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