Unpacking the Latest Options Trading Trends in GigaCloud Tech
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in GigaCloud Tech (NASDAQ:GCT) through options trading, with a mix of bullish and bearish sentiments. The stock is currently trading at $31.26, down by 3.96%, with an average target price of $69.0 from analysts.
May 28, 2024 | 5:31 pm
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GigaCloud Tech (NASDAQ:GCT) has seen significant options trading activity, indicating potential price movements. The stock is currently down by 3.96% at $31.26, with an average target price of $69.0 from analysts.
The substantial options activity, combined with a high average target price from analysts, suggests potential upward movement in GCT's stock price. However, the mixed sentiment among investors and the current price drop indicate volatility.
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