This Is What Whales Are Betting On Palantir Technologies
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Palantir Technologies (NYSE:PLTR) by a large investor, as indicated by unusual options trading activity. The sentiment among these big-money traders is 25% bullish and 75% bearish. The significant investors are aiming for a price range of $10.0 to $25.0 for Palantir Technologies over the next three months. The current price of PLTR is $18.86, with an increase of 0.32%.
November 08, 2023 | 4:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
A large investor has taken a bearish stance on Palantir Technologies, indicating potential downward pressure on the stock. The significant investors are aiming for a price range of $10.0 to $25.0 over the next three months.
The bearish stance taken by a large investor, as indicated by unusual options trading activity, suggests that there may be downward pressure on the stock in the short term. This is further supported by the fact that the sentiment among these big-money traders is largely bearish, with 75% of them taking a bearish stance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100