As SpaceX Crashes 51% From Its Mania Peak, Market Strategist Warns This Could Tank SPCX Stock Further: 'Great Companies Can Still Be Bad Investments'
SpaceX ($SPCX) crashed 51% from its peak. Charlie Bilello explains why the August lockup expiration of could tank the stock further.
SpaceX's stock dropped a lot from its highest price, and an expert thinks it might drop more when company insiders are allowed to sell their shares in August. Even great companies can be risky investments if their stock price gets too high.
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