Check Out What Whales Are Doing With Block
Portfolio Pulse from Benzinga Insights
A large investor has taken a bearish stance on Block (NYSE:SQ), with 64% of big-money traders also showing bearish sentiment. The investor's activity was noticed through publicly available options history. The price target for Block, based on Volume and Open Interest, ranges from $37.5 to $75.0. Several experts have given their ratings on Block, with most maintaining a positive outlook.
October 10, 2023 | 4:16 pm
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NEGATIVE IMPACT
A large investor has taken a bearish stance on Block (NYSE:SQ), potentially indicating a negative short-term impact.
The bearish stance taken by a large investor, along with the bearish sentiment of 64% of big-money traders, could potentially lead to a decrease in Block's stock price in the short term.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100