Akh: “I dont think this was due to short sellers…” — Plamenu

posted in Technology

stermy4u@stermy4u@lemmy.world

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

townflex.com/spacex-stock-slips-below-ipo-price-as-short-sellers-profit-15-5b/

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

TownFlexSpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5BSpaceX 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.

Akh@Akh@lemmy.world

Replying to @⁨stermy4u@lemmy.world⁩

I dont think this was due to short sellers…

⁨Jul⁩ ⁨24⁩, ⁨2026⁩, ⁨12:21⁩en

poccalyps@poccalyps@sh.itjust.works

Replying to @⁨Akh@lemmy.world⁩

You are confusing correlation with causation.