Monolithic Power Systems's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Monolithic Power Systems (NASDAQ:MPWR) has seen a surge in options trading, with a significant bearish sentiment among large investors. This unusual activity suggests potential foreknowledge of upcoming events. The stock is currently down 1.84% at $928.04, with mixed analyst ratings and an average target price of $979.6.
August 28, 2024 | 6:30 pm
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Monolithic Power Systems has experienced unusual options activity, predominantly bearish, indicating potential foreknowledge of negative events. The stock is down 1.84%, with mixed analyst ratings and an average target price of $979.6.
The significant bearish options activity suggests that large investors anticipate a potential decline in MPWR's stock price. The stock's current decline and mixed analyst ratings further support a cautious outlook.
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IMPORTANCE 80
RELEVANCE 100