SpaceX Shares Fall 4.6% Premarket, Extending Pullback From IPO Rally
SpaceX slid as much as 4.6% before the open on Monday, marking another decline after the stock's initial rally following the company's IPO.
Trading around the new listing had been unusually heavy. South Korean retail investors bought a record $796 million of SpaceX on June 12, its first day of trading access, while Leverage Shares' 2x Long SpaceX ETF, SPCH, generated $4 billion of volume in its first four sessions, the biggest opening week for any ETF.
From the sources (8 posts)
@globalmktobserv‼️Korean retail investors are rushing into SpaceX at an UNPRECEDENTED pace: South Korean mom-and-pop investors purchased $795.9 MILLION of SpaceX, $SPCX, shares on June 12, its first trading day. TAP IMAGE TO SEE FULL INSIGHT👇 https://t.c
@globalmktobservRT @GlobalMktObserv: ⚠️Retail investors have never piled into a single stock this hard: Over the first 3 trading sessions following SpaceX…
@firstsquawkSOUTH KOREAN RETAIL INVESTORS POUR RECORD $796M INTO SPACEX ON FIRST DAY OF TRADING ACCESS KOREAN RETAIL TRADERS SNAP UP NEARLY $800M OF SPACEX IN SINGLE DAY
@ericbalchunasThe LeverageShares 2x SpaceX ETF $SPCH did $4b of volume by itself last week, making it the biggest first week of trading for an ETF ever. Better than the first week for $IBIT, $DRAM, $BITO, you name it. And further it did it in 4 days not
@stockmktnewzWE JUST HAD A NEW MOST POPULAR ETF LAUNCH IN HISTORY The Leverage Shares 2x Long SpaceX ETF $SPCH had $4 Billion worth of shares traded in its first week That is more than any other ETF in history for its first week of trading beating out
@firstsquawkSPACEX SHARES DROP 4.6% IN PREMARKET TRADING
@businessSpaceX shares slid as much as 4.6% in premarket trading on Monday
@cnbcSpaceX stock drops again after rally following blockbuster IPO