Palantir Technologies Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Palantir Technologies (NYSE:PLTR) by a large investor, as observed in the unusual options activity. The overall sentiment of these big-money traders is 30% bullish and 70% bearish. The whales have been targeting a price range from $15.0 to $20.0 for Palantir Technologies over the last 3 months. The price of PLTR is down -2.11% at $16.26. Wedbush and HSBC have downgraded their actions on Palantir with price targets of $25 and $16 respectively.
October 09, 2023 | 2:31 pm
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NEGATIVE IMPACT
A large investor has taken a significant bearish stance on Palantir Technologies, with the overall sentiment of big-money traders being 70% bearish. The price of PLTR is down -2.11% at $16.26.
The bearish stance taken by a large investor, along with the overall sentiment of big-money traders being 70% bearish, indicates a potential downward pressure on the stock price. Additionally, the price of PLTR is already down -2.11%.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100