Check Out What Whales Are Doing With DASH
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on DoorDash (NASDAQ:DASH), as indicated by a large position in the company's options. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The significant investors are aiming for a price territory stretching from $60.0 to $95.0 for DoorDash over the recent three months. Currently, DASH's price is down by -0.83%, now at $88.17.
November 08, 2023 | 7:02 pm
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A significant investor has taken a bearish stance on DoorDash, with a price target of $60-$95. The current price is $88.17, down by -0.83%.
The bearish stance taken by a significant investor, as indicated by a large position in the company's options, suggests that the investor expects the price of DASH to decrease. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100