SpaceX Stock Surged 30% After Its IPO. Here's Where It's Going Next, According to 2 Wall Street Analysts
SpaceX stock is currently hovering near $190 per share.
SpaceX Stock Surged 30% After Its IPO. Here's Where It's Going Next, According to 2 Wall Street Analysts
Overview
Last Friday, Elon Musk's Space Exploration Technologies (NASDAQ: SPCX) went public, opening at $150 per share. Since hitting the Nasdaq, SpaceX, the stock has surged as high as 50%. However, as of June 18, the shares were hovering at about $190 -- a bit less than 30% above the opening-day price.
Below, I'll analyze some commentary from two Wall Street analysts and share their opinions on whether SpaceX stock has further room to run.
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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.
