SpaceX Falls 3.9% to $133.29, Slipping Back Below $135 IPO Price
Updated
Updated · Investor's Business Daily · Aug 11
SpaceX Falls 3.9% to $133.29, Slipping Back Below $135 IPO Price
3 articles · Updated · Investor's Business Daily · Aug 11
Summary
$133.29 marked SpaceX's close on Tuesday, down 3.9% and back under its $135 IPO price after briefly reclaiming that level earlier this week.
The drop snapped a three-day winning streak in which the stock had surged just under 30%, reversing momentum that had carried shares above the IPO price for the first time since mid-July.
The retreat leaves SpaceX shares again trading below their offering price, underscoring how quickly recent gains have faded.