What the Options Market Tells Us About Applied Digital
Portfolio Pulse from Benzinga Insights
The options market shows significant activity around Applied Digital (NASDAQ:APLD), with a mix of bullish and bearish sentiment among investors. Notably, 29 extraordinary options activities were observed, with a focus on a price range of $3.0 to $17.0. The stock is currently trading at $6.49, up 42.64%, with an average analyst target price of $9.4. Analysts have mixed ratings, with some lowering their price targets.
September 09, 2024 | 7:15 pm
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Applied Digital sees unusual options activity with a mix of bullish and bearish sentiment. The stock is up 42.64% at $6.49, with analysts providing mixed ratings and an average target price of $9.4.
The options market shows significant activity with both bullish and bearish sentiment, indicating uncertainty. The stock's recent price increase and mixed analyst ratings suggest a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100