Check Out What Whales Are Doing With JD.com
Portfolio Pulse from Benzinga Insights
A significant bullish position has been taken on JD.com (NASDAQ:JD) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 51% bullish and 48% bearish. The price target for JD.com over the last 3 months has been between $25.0 to $45.0. The current price of JD is down -1.52% at $26.64. Several financial institutions have maintained or downgraded their ratings on JD.com.
October 16, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
A significant bullish position has been taken on JD.com, indicating potential positive movement. However, the stock is currently down -1.52% at $26.64. Several financial institutions have maintained or downgraded their ratings on JD.com.
The bullish position taken by an unknown entity indicates potential positive movement for JD.com. However, the current downward trend of the stock and the mixed ratings from financial institutions create uncertainty about the short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100