Marathon Digital Holdings Unusual Options Activity For August 27
Portfolio Pulse from Benzinga Insights
Marathon Digital Holdings (NASDAQ:MARA) has seen unusual options activity, with a significant bearish sentiment among investors. The options activity suggests a focus on a price range between $17.0 and $32.0. The stock is currently down 5.39% at $17.56, with a neutral RSI. An analyst from JP Morgan maintains an Underweight rating with a $12 price target.
August 27, 2024 | 2:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Marathon Digital Holdings is experiencing unusual options activity with a bearish sentiment from investors. The stock is down 5.39% and has a neutral RSI. JP Morgan maintains an Underweight rating with a $12 price target.
The unusual options activity with a majority bearish sentiment suggests potential downward pressure on MARA's stock price. The current price drop of 5.39% and JP Morgan's Underweight rating with a $12 target further support a negative short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100