Check Out What Whales Are Doing With GME
Portfolio Pulse from Benzinga Insights
Wealthy investors are showing a bullish stance on GameStop (NYSE:GME) with significant options trades detected. The sentiment is split with 50% bullish and 25% bearish. The trading volume for GME is up by 0.54%, and the next earnings report is due in 12 days.
August 23, 2024 | 3:30 pm
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Wealthy investors are taking a bullish stance on GameStop with significant options trades. The sentiment is 50% bullish and 25% bearish. Trading volume is up 0.54%, and the next earnings report is in 12 days.
The detection of significant options trades with a majority being bullish indicates positive sentiment among wealthy investors. This, combined with a slight increase in trading volume, suggests a potential short-term price increase. The upcoming earnings report could further influence the stock's movement.
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