SPCX Can SpaceX break out of its slump? Shares are up about 1% premarket. The stock ended last week on a six-day losing streak and sits 8% b
SPCX Can SpaceX break out of its slump? Shares are up about 1% premarket. The stock ended last week on a six-day losing streak and sits 8% below its IPO price of $135 (and almost 40% below its record close on June 16). Amazingly, the decline seems orderly. Short-selling pressure is playing a role, too. After aborting a Starship test flight last week, SpaceX plans to try again this Thursday evening. - per Cramer Investing Club Newsletter
SPCX Can SpaceX break out of its slump? Shares are up about 1% premarket.
The stock ended last week on a six-day losing streak and sits 8% below its IPO price of $135 (and almost 40% below its record close on June 16).
Amazingly, the decline seems orderly.
Short-selling pressure is playing a role, too.
After aborting a Starship test flight last week, SpaceX plans to try again this Thursday evening. - per Cramer Investing Club Newsletter