From $135 to $154: Tracking SpaceX's Stock Volatility in Its First Weeks as a Pu

Space Exploration Technologies (NASDAQ: SPCX), also known as SpaceX, went public on June 12, and it has taken early investors on a roller-coaster ride. Dependin

From $135 to $154: Tracking SpaceX's Stock Volatility in Its First Weeks as a Pu
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Space Exploration Technologies (NASDAQ: SPCX), also known as SpaceX, went public on June 12, and it has taken early investors on a roller-coaster ride. Depending on when you got in, you could be sitting on solid gains or a hefty loss.

Successful investing is a long-term endeavor, so it's important not to overreact to what happens over a week, month, or even a year. Ideally, you should plan to hold stocks you buy for at least five years. That said, SpaceX has become one of the largest public companies in the world, so now's a good time to see how it has done over its first few weeks on the market.

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The SpaceX IPO was priced at $135. For anyone who didn't get IPO shares, it opened at $150 on June 12. It trades at $154 as of June 24. But that modest gain is the result of a wild round trip.

SpaceX lived up to the hype over its first three trading days, peaking at about $226 on June 16, a 50% increase from its first

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/135-154-tracking-spacexs-stock-033300680.html)

Esta información no constituye asesoramiento de inversión. Consulte con un profesional antes de tomar decisiones financieras.