SpaceX's First 100 Days Are in the Books. Here's the Report Card.
Here's what we've learned about Elon Musk's space company since its IPO.
Overview
In politics, they say that a president's first 100 days tell you how the rest of the term will be.
Publicly traded companies have a much longer lifespan than a presidential term, but looking at their first few months on the market can be informative, especially for a high-profile company like Space Exploration Technologies(NASDAQ:SPCX).
Details
SpaceX has now been a public company for 100 days, and the stock has gone on a wild ride. It soared out of the gate before losing more than 50% of its value from peak to trough in July. It's since bounced back, and closed at $154.72 on Sept. 22, about even with the $150 it opened at when it started trading on June 12.
Source
Originally published at www.fool.com.