stermy4u to TechnologyEnglish · 1 day agoSpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5Btownflex.comexternal-linkmessage-square48linkfedilinkarrow-up1352arrow-down138cross-posted to: [email protected]
arrow-up1314arrow-down1external-linkSpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5Btownflex.comstermy4u to TechnologyEnglish · 1 day agomessage-square48linkfedilinkcross-posted to: [email protected]
minus-squareGorilladrumslinkfedilinkEnglisharrow-up5arrow-down1·1 day agoThis is actually pretty normal. The stock usually drops after the initial launch hype dies down, and then it begins to slowly rise again over time.
minus-squareNotMyOldRedditNamelinkfedilinkEnglisharrow-up2·1 day agoIt’s just made worse this time by the smaller float, and the soon to be earlier than usual blackout window for insiders lifting
minus-squaretirateimas@lemmy.ptlinkfedilinkEnglisharrow-up1·1 day agoLets wait to see how low and how long it goes until it starts to raise.
minus-squarePattyMcBlinkfedilinkEnglisharrow-up1·1 day agoNot at my old company… no wonder they laid off so much of the workforce and dismantled and sold the rest
This is actually pretty normal. The stock usually drops after the initial launch hype dies down, and then it begins to slowly rise again over time.
It’s just made worse this time by the smaller float, and the soon to be earlier than usual blackout window for insiders lifting
This is the correct explanation
Lets wait to see how low and how long it goes until it starts to raise.
Not at my old company… no wonder they laid off so much of the workforce and dismantled and sold the rest