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SpaceX Stock Outlook as SPCX Crashes Below Debut Price Despite Nasdaq-100 Inclusion

Covered by 2 sources · 2 articles

2 outlets - including Cryptodaily and Coingape - are covering this story. 6.8% drop on SPCX’s Nasdaq-100 debut shows how $4.3B of passive demand met a tiny float. Why index effects misfire, and how to trade these flows in stocks and crypto.

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SpaceX Drops in Nasdaq 100 Debut: What SPCX Says About Passive Buying Risk
Crypto Daily Jul 8, 16:01 UTC

SpaceX Drops in Nasdaq 100 Debut: What SPCX Says About Passive Buying Risk

6.8% drop on SPCX’s Nasdaq-100 debut shows how $4.3B of passive demand met a tiny float. Why index effects misfire, and how to trade these flows in stocks and crypto.

CoinGape Jul 8, 09:10 UTC

SpaceX Stock Outlook as SPCX Crashes Below Debut Price Despite Nasdaq-100 Inclusion

SpaceX (NASDAQ: SPCX) stock price dropped by 6.43% on July 7, to close trading at $149. The stock now trades below the July 12 debut price of $150, with the drop occurring despite SPCX shares being included on the NASDAQ 100 index on July 7…