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Technology@lemmy.worldEnglish · 1 day ago

SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B

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SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B

stermy4u@lemmy.world to

Technology@lemmy.worldEnglish · 1 day ago

SpaceX stock falls below its $135 IPO price to $115.26, giving short sellers $15.5 billion in paper profits as traders double down on bearish market bets.

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SkunkWorkz@lemmy.world
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13 hours ago
It’s not just institutional investors selling put options. Lots of risk taking retail traders do it as well.

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