Check Out What Whales Are Doing With XOM
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Exxon Mobil (NYSE:XOM) by a large investor or institution, as indicated by a large position in options. The overall sentiment of these big-money traders is split between 37% bullish and 62% bearish. The whales have been targeting a price range from $50.0 to $160.0 for Exxon Mobil over the last 3 months. The price of XOM is down -0.78% at $108.6. Several experts have given their ratings and price targets on Exxon Mobil.
October 24, 2023 | 7:46 pm
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NEGATIVE IMPACT
A large investor has taken a bearish stance on Exxon Mobil, with a significant options position. The price of XOM is currently down -0.78% at $108.6. Analysts have given various ratings and price targets.
The news of a large investor taking a bearish stance on Exxon Mobil, as indicated by a significant options position, is likely to impact the stock negatively in the short term. The overall sentiment among big-money traders is more bearish than bullish, which could further drive the price down. Additionally, the current price of XOM is already down -0.78%. However, various analysts have given different ratings and price targets, which could influence the stock's movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100