Someone with a lot of money to spend has taken a bullish stance on HP (NYSE:HPQ).
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.
U.S. stocks closed lower with the Dow Jones dropping around 280 points on Wednesday. Here is the list of some big stocks moving lower in the previous session.
HP Inc’s (NYSE: HPQ) downbeat third-quarter revenue miss and reduction in fourth-quarter guidance were the largest of their kind in over five years, according to Morgan Stanley.
Gainers
Nuwellis, Inc. (NASDAQ: NUWE) shares jumped 140% to $1.5894 after the company announced new clinical data demonstrating 100% survival at 30 days following the use of ultrafiltration in high-risk postoperative coronary artery bypass grafting patients.
Good Morning Everyone!
Remember, as bad as things may seem, history is on our side. The average midterm year – like this one – is typically down as of October 5. It finishes, however, up 6% on average.