A Closer Look at Marathon Digital Holdings's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Investors are showing a bearish stance on Marathon Digital Holdings (NASDAQ:MARA) as indicated by recent options trading activity. A total of 17 uncommon options trades were detected, with a split sentiment of 41% bullish and 47% bearish. The stock is currently down 3.61% at $13.34, and analysts have a consensus target price of $12.0. JP Morgan maintains an Underweight rating with a $12 price target.
September 06, 2024 | 4:31 pm
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Marathon Digital Holdings is experiencing bearish sentiment in the options market, with 47% of trades being bearish. The stock is down 3.61% and analysts have a target price of $12.0, indicating potential downside.
The options market shows a significant bearish sentiment with 47% of trades being bearish. The stock price is currently down, and analysts have set a lower target price, suggesting potential further downside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100