This Is What Whales Are Betting On Comcast
Portfolio Pulse from Benzinga Insights
Financial giants have made bearish moves on Comcast, with 55% of options traders showing bearish tendencies. Significant investors are targeting a price range of $40.0 to $42.5 for Comcast. Currently, Comcast's stock is down by 2.1% at $38.67.
September 04, 2024 | 8:15 pm
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Comcast is experiencing bearish sentiment from options traders, with 55% showing bearish tendencies. The stock is currently down 2.1% at $38.67, with significant investors targeting a price range of $40.0 to $42.5.
The article highlights a significant bearish sentiment among options traders for Comcast, with 55% of trades being bearish. The stock is currently trading at $38.67, down 2.1%, indicating a negative short-term outlook. The targeted price range by investors is $40.0 to $42.5, suggesting expectations of limited upside. This bearish sentiment and current price decline suggest a likely short-term negative impact on Comcast's stock price.
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