Behind the Scenes of UP Fintech Holding's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bearish sentiment towards UP Fintech Holding (NASDAQ:TIGR), with 61% of options activity being bearish. This unusual activity suggests potential significant market movements. The stock is currently down by 11.57% at $8.51, with an earnings announcement expected in 47 days.
October 09, 2024 | 2:02 pm
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NEGATIVE IMPACT
UP Fintech Holding (TIGR) is experiencing significant bearish options activity, with 61% of trades indicating a negative outlook. The stock is currently down 11.57% at $8.51, suggesting potential further downside. An earnings announcement is expected in 47 days.
The article highlights a significant bearish sentiment among investors towards TIGR, with 61% of options activity being bearish. This is coupled with a current stock price decline of 11.57%, indicating potential further downside. The upcoming earnings announcement in 47 days could also impact the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100