This Is What Whales Are Betting On Advanced Micro Devices
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards Advanced Micro Devices (AMD), as revealed by Benzinga's options scanner. The activity includes 16 significant options trades, with 50% of the sentiment being bearish. The price target for AMD is between $130 and $210. Currently, AMD's stock is down by 2.4% at $152.98.
September 20, 2024 | 3:30 pm
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Advanced Micro Devices (AMD) is experiencing significant bearish sentiment from large investors, as indicated by options activity. The stock is currently down 2.4%, with a price target range of $130-$210.
The article highlights a significant bearish sentiment from large investors towards AMD, as evidenced by options activity. This sentiment is likely to impact AMD's stock price negatively in the short term. The stock is already down 2.4%, and the options activity suggests a focus on a lower price range.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100