SpaceX Stock Falls Over 5% On Tuesday — What's Going On?
Space Exploration Technologies Corp. (NASDAQ: SPCX) stock fell on Tuesday amid ongoing post-IPO selling, an upcoming insider lockup expiration and analyst commentary from Charlie Bilello and Peter Schiff.
SpaceX stock went down 5% on Tuesday. When a company first sells stock to the public, early owners sometimes sell their shares, and people are watching to see what happens next—so the price moved down.
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