SPCX Declines Over 50% From Post-IPO High: Charlie Bilello Warns of a 'Painful Reality Check'
Great companies can make bad investments at the wrong price, this investor says, urges people to not chase SpaceX hype.
SPCX stock has fallen a lot from its highest price after going public, and an investor warns that even great companies can be risky if you buy them when prices are too high. When a stock drops sharply, it's a good reminder to think carefully about price, not just whether the company is awesome.
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