This Is What Whales Are Betting On Uber Technologies
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Uber Technologies (NYSE:UBER) by a large investor, as indicated by a large position in options. The sentiment among these big-money traders is split, with 45% bullish and 54% bearish. The whales have been targeting a price range from $15.0 to $54.0 for Uber over the last 3 months. Needham and Seaport Global have downgraded their actions to Buy with price targets of $60 and $51 respectively.
October 25, 2023 | 3:31 pm
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A large investor has taken a bearish stance on Uber, which could potentially impact the stock's performance. The sentiment among big-money traders is split, with a slight lean towards bearish.
The bearish stance taken by a large investor, as indicated by a significant options position, could potentially lead to a decrease in Uber's stock price. The sentiment among big-money traders is split, but leans slightly towards bearish, which could further impact the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100