What the Options Market Tells Us About AppLovin
Portfolio Pulse from Benzinga Insights
The options market shows a bullish stance on AppLovin (NASDAQ:APP), with 62% of trades being bullish. Significant investors are targeting a price range of $66.0 to $75.0. The stock is currently trading at $70.83, up by 5.42%. Analysts have given it an average target price of $98.33.
August 08, 2024 | 3:17 pm
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The options market shows a bullish stance on AppLovin (NASDAQ:APP), with 62% of trades being bullish. Significant investors are targeting a price range of $66.0 to $75.0. The stock is currently trading at $70.83, up by 5.42%. Analysts have given it an average target price of $98.33.
The majority of options trades are bullish, indicating positive sentiment among significant investors. The stock's current price increase and high analyst target prices further support a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100