Check Out What Whales Are Doing With NVDA
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on NVIDIA (NASDAQ:NVDA) by a large investor or institution, as indicated by a large position appearing on publicly available options history. The overall sentiment of these big-money traders is split between 28% bullish and 71% bearish. Whales have been targeting a price range from $400.0 to $455.0 for NVIDIA over the last 3 months. The price of NVDA is currently down -0.74% at $419.12.
September 26, 2023 | 2:03 pm
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A large investor has taken a bearish stance on NVIDIA, with the overall sentiment among big-money traders being 71% bearish. The price of NVDA is currently down -0.74% at $419.12.
The news of a large investor taking a bearish stance on NVIDIA is likely to influence other investors and could potentially drive the stock price down in the short term. The fact that the overall sentiment among big-money traders is 71% bearish further supports this prediction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100