QUICK SPARK: Legendary Trader Tom Sosnoff Nails the SpaceX Stock Sell Off
Legendary trader Tom Sosnoff isn't surprised by SpaceX's stock drop. Historical data shows most IPOs underperform, putting pressure on Elon Musk to deliver.
A famous trader noticed SpaceX's stock price fell, which happens to many new companies when they first sell shares to the public. Watch whether SpaceX can show it's growing and doing what it promised—that's what investors will pay attention to.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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