SpaceX Stock Drops on Friday. Should Investors Cheer?
Missed the SpaceX IPO? Here's your chance to buy SpaceX stock even cheaper.
Overview
Space Exploration Technologies (NASDAQ: SPCX) stock briefly fell below $125 a share on Friday, before recovering to about a 4% loss as of 12:55 p.m. ET in the afternoon -- and it doesn't matter.
Whether down 5% or only 4% today, SpaceX stock is officially a broken IPO, returning to just pennies above its IPO price Wednesday, and falling well below it Thursday and Friday. But here's the real question.
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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.