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Technology@lemmy.worldEnglish · 3 days ago

SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B

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SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B

stermy4u@lemmy.world to

Technology@lemmy.worldEnglish · 3 days ago

cross-posted to:
technology@lemmy.zip

SpaceX stock falls below its $135 IPO price to $115.26, giving short sellers $15.5 billion in paper profits as traders double down on bearish market bets.

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3 days ago
It’s just made worse this time by the smaller float, and the soon to be earlier than usual blackout window for insiders lifting

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