stermy4u@lemmy.world to

Technology@lemmy.worldEnglish · 4 months ago

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

334

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

stermy4u@lemmy.world to

Technology@lemmy.worldEnglish · 4 months 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.

Chat

poccalyps@sh.itjust.works
link
fedilink
English
arrow-up
4
arrow-down
2·
4 months ago
You are confusing correlation with causation.

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.51K users / day
9.26K users / week
15.5K users / month
28.2K users / 6 months
1 local subscriber
89.5K subscribers
9.95K Posts
329K Comments
Modlog