Check Out What Whales Are Doing With TTD
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Trade Desk (NASDAQ:TTD), with 60% of the spotted trades being bearish. The total amount for puts is $75,685 and for calls is $398,012. Whales have been targeting a price range from $25.0 to $80.0 for Trade Desk over the last 3 months. The price of TTD is down -1.22% at $77.21. UBS has downgraded its action to Buy with a price target of $100.
October 06, 2023 | 2:46 pm
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NEGATIVE IMPACT
A whale investor has taken a bearish stance on Trade Desk (NASDAQ:TTD), with 60% of the spotted trades being bearish. UBS has downgraded its action to Buy with a price target of $100.
The bearish stance taken by a whale investor, coupled with the downgrade by UBS, indicates a potential negative short-term impact on TTD's stock price. The fact that 60% of the spotted trades are bearish further supports this.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100