SpaceX Dropped Sharply on Monday. Is It Worth Buying the Dip?
SpaceX just had its worst day on the market. Time to buy the dip?
SpaceX Dropped Sharply on Monday. Is It Worth Buying the Dip?
Overview
Space Exploration Technologies (NASDAQ: SPCX) is seeing red. Downticker-red, not martian.
For the third trading day in a row, shares of recently IPO'd SpaceX have tumbled. Monday, June 22, was its worst day yet, with a one-day drop of about 16%.
Details
Investors who have been patient so far are probably wondering whether now might be a good time to buy the dip. With that question in mind, let's look closer at the seventh-most valuable company in the world.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
