SpaceX Investors Who Bought After the IPO Have Watched Their Gains Nearly Disapp
Following a blockbuster initial public offering (IPO) that became the largest in stock market history, shares of Space Exploration Technologies (NASDAQ: SPCX) -
Following a blockbuster initial public offering (IPO) that became the largest in stock market history, shares of Space Exploration Technologies (NASDAQ: SPCX) -- best known as SpaceX -- have cooled off.
There was, to put it lightly, a lot of hype surrounding SpaceX's IPO, partly because of the promises it had sold to investors and partly because of the usual cult-like following of its CEO, Elon Musk. Once SpaceX began trading on June 12, tons of retail investors poured money into the stock. But now those gains have virtually disappeared for most investors who got in after the IPO.
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Considering the roller-coaster ride the stock has taken investors on so far, is now a time to jump ship until IPO-mania is over, or should investors embrace what many see as inevitable volatility?
Any time there's a blockbuster IPO, high volatility is expected in its early trading days. A lot of it comes from people speculating and t
Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/spacex-investors-bought-ipo-watched-163500065.html)
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