stermy4u@lemmy.world to

Technology@lemmy.worldEnglish · 4 days ago

SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B

209

SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B

stermy4u@lemmy.world to

Technology@lemmy.worldEnglish · 4 days ago

SpaceX stock falls below its $135 IPO price to $115.26, giving short sellers $15.5 billion in paper profits as traders double down on bearish market bets.

Chat

Akh@lemmy.world
link
fedilink
English
arrow-up
3·
4 days ago
I dont think this was due to short sellers…
- poccalyps@sh.itjust.works
  link
  fedilink
  English
  arrow-up
  4
  arrow-down
  1·
  4 days ago
  You are confusing correlation with causation.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

484 users / day
2.77K users / week
6.18K users / month
10.8K users / 6 months
1 local subscriber
86.6K subscribers
1.72K Posts
12K Comments
Modlog