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For ****** eX IPO investors, the thrill ride has been IMAX-worthy.
On IPO day, ****** eX stock (SPCX) opened at $150 and climbed past $160. Another near-20% gain the following Monday saw Elon Musk's ****** eflight, satellite communications, and AI company achieve a high orbit of $192.50. By its third trading day, ****** eX surpassed Amazon to become the fifth-largest publicly traded company by market value.
To the moon, right?
Yet, as any savvy investor knows, things can get ugly fast: The stock quickly returned to Earth and has bounced below its market debut price more than once. ****** eX stock dropped another 4% on Monday, with a low under $140.
For ****** eX IPO investors, the thrill ride has been IMAX-worthy.
On IPO day, ****** eX stock (SPCX) opened at $150 and climbed past $160. Another near-20% gain the following Monday saw Elon Musk's ****** eflight, satellite communications, and AI company achieve a high orbit of $192.50. By its third trading day, ****** eX surpassed Amazon to become the fifth-largest publicly traded company by market value.
To the moon, right?
Yet, as any savvy investor knows, things can get ugly fast: The stock quickly returned to Earth and has bounced below its market debut price more than once. ****** eX stock dropped another 4% on Monday, with a low under $140.
2 months ago
