QUICK SPARK: SpaceX Stock Attracts Short Sellers on the Way Down
SpaceX faces increased bearish pressure as short sellers ramp up bets against the company. SPCX's stock has fallen below its IPO price.
More people are betting that SpaceX's stock price will keep dropping, and the stock has fallen below what it cost when it first sold to the public. When lots of people bet against a company, it can mean they're worried about its future, so it's worth paying attention to what's happening with the business itself.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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