SpaceX retail investors turn net sellers for first time since IPO; offload $4.5 million worth of shares

Retail investors turned into net sellers of SpaceX shares as of August 7, marking the end of a buying frenzy. This change coincided with a stock price recovery, indicating that individuals may be taking profits. The shares have struggled post-IPO, dropping beneath the initial offering price. Investors who were hopeful at the launch might now be looking to reduce their losses, even amidst a slight recovery in recent days.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/jTn6GV8

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