Should You Forget SpaceX Stock?
Yahoo Finance ·
Down 15% from June's initial public offering price and more than 30% below its post-IPO peak, it's safe to say many investors are more than a little disappointed in Space Exploration Technologies ' ( SPCX -2.85% ) -- you know it better as SpaceX -- shares so far. So now what? Is it worth buying or continuing to hold at its current price? Or, should investors take the recent weakness at face value and throw in towel on this ticker? With the dust of this mid-June IPO finally settling, it's time to say out loud what most people have only been quietly thinking to themselves. That is, like almost all other major initial public offerings for the past three decades, this one was buoyed by hype that was never built to last.
DYAX Investor Sentiment
Bullish (Long) 57% · Bearish (Short) 43%
390 participants
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