Monness, Crespi, Hardt analyst Brian White initiates coverage on Palantir Technologies (NYSE:PLTR) with a Buy rating and announces Price Target of $20.
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The first three months of 2022 are in the books, bringing the first quarter to a close. Investors were faced with many macro events, including rising inflation and the war in Ukraine. Benzinga was a source for many investors, providing access to news and trading tools for investors and traders alike.
A whale with a lot of money to spend has taken a noticeably bearish stance on Palantir Technologies.
Looking at options history for Palantir Technologies (NYSE:PLTR) we detected 18 strange trades.
Palantir Technologies, Inc (NYSE: PLTR) was trading slightly lower on Wednesday afternoon after a volume pop in the morning took the stock temporarily up over Tuesday’s high-of-day.
Someone with a lot of money to spend has taken a bearish stance on Palantir Technologies (NYSE:PLTR).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.
Shares of several companies in the broader technology sector, including Fastly Inc (NYSE: FSLY) and Palantir Technologies Inc (NYSE: PLTR), are trading higher amid overall market strength as investors weigh ceasefire negoti