PattyMcB: “Not at my old company… no wonder they laid off so …” — Plamenu

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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.

Gorilladrums@Gorilladrums@lemmy.world

Replying to @⁨stermy4u@lemmy.world⁩

This is actually pretty normal. The stock usually drops after the initial launch hype dies down, and then it begins to slowly rise again over time.

PattyMcB@PattyMcB@lemmy.world

Replying to @⁨Gorilladrums@lemmy.world⁩

Not at my old company… no wonder they laid off so much of the workforce and dismantled and sold the rest

⁨Jul⁩ ⁨24⁩, ⁨2026⁩, ⁨13:52⁩en