Novo Nordisk Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Novo Nordisk has seen unusual options activity with a bearish stance from large investors. 66% of the trades were bearish, with a focus on a price range of $110 to $145. The stock is currently trading at $130.79, down 2.78%. Analysts have mixed ratings with a target price of $160.
September 05, 2024 | 3:32 pm
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NEGATIVE IMPACT
Novo Nordisk has experienced significant bearish options activity, with 66% of trades being bearish. The stock is currently down 2.78% at $130.79. Analysts have mixed ratings with a target price of $160.
The majority of options trades are bearish, indicating a negative sentiment among large investors. The stock's recent price drop and mixed analyst ratings further support a short-term negative outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100