Someone with a lot of money to spend has taken a bearish stance on Warner Bros.Discovery (NASDAQ:WBD).
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.
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
During Tuesday, 581 stocks hit new 52-week lows.
Interesting Highlights From Today's 52-Week Lows
Meta Platforms (NASDAQ:FB) was the biggest company on a market cap basis to set a new 52-week low.
There was good news and bad news for several American films that turned out to be disappointments at the domestic box office. The good news is that these films are finding a new level of popularity in China. The bad news, though, is that they are being released in China during a time when thousands of Chinese theaters are closed due to a rising surge of COVID cases.
“The Bad Guys,” the animated feature film adaptation of Aaron Babley’s children book series, stole its way to the top of the U.S. box office this weekend with $24 million in ticket sales from 4,009 theaters.
This week, the news broadcasting world witnessed the abrupt demise of a highly-touted startup streaming service and the rambunctious arrival of a brash new player.