Check Out What Whales Are Doing With WOLF
Portfolio Pulse from Benzinga Insights
Financial giants are making bearish moves on Wolfspeed (NYSE:WOLF) with significant options trades indicating a price range of $11.0 to $20.0. The stock is currently down 5.53% at $15.12, with analysts providing mixed ratings and target prices.
October 21, 2024 | 3:01 pm
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Wolfspeed is experiencing bearish sentiment from major investors, with options trades indicating a potential price range of $11.0 to $20.0. The stock is currently down 5.53% at $15.12. Analysts have mixed ratings, with target prices ranging from $8 to $15.
The article highlights significant bearish options activity on Wolfspeed, with a majority of trades being puts. The stock is currently down, and analysts have provided mixed ratings, indicating potential further downside. The bearish sentiment from major investors and the current stock performance suggest a likely short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100