Check Out What Whales Are Doing With MRNA
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Moderna (NASDAQ:MRNA), with 70% of the spotted trades being bearish. The total amount for puts is $351,770 and for calls is $54,605. The whales have been targeting a price range from $60.0 to $110.0 for Moderna over the last 3 months. The price of MRNA is currently down -0.14% at $71.81, and RSI indicators suggest the stock may be oversold. Moderna's next earnings are expected to be released in 3 days.
October 30, 2023 | 2:46 pm
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A whale investor has taken a bearish stance on Moderna, with majority of the trades being bearish. The stock price is currently down and may be oversold. Earnings are expected in 3 days.
The bearish stance taken by a whale investor, along with the current decrease in stock price and the potential oversold status, suggest a negative short-term impact on Moderna's stock. The upcoming earnings release could further influence the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100