SpaceX joins Nasdaq-100. Why stock dropped.
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SpaceX's inclusion in the Nasdaq-100 could drive its stock price higher.
Elon Musk's SpaceX (Nasdaq: SPCX) has been sparking a lot of buzz on Wall Street since its Nasdaq debut on June 12. At first, the space technology and artificial intelligence company's disclosure of holding 18,
"It would not surprise me at all to see a similar dynamic play out with some of these [IPOs] set to come in the months ahead," the Kathmere Capital CIO says.
Elon Musk's rocket company made its debut on the Nasdaq 100 index on Tuesday, weeks after raising $85.7 billion in the largest IPO in history.
SpaceX joins the Nasdaq-100 in record time, locking out S&P 500 investors for at least a year. Here is what that means for your portfolio right now.
Plato’s Dave Allen warns the world’s hottest company has the valuation of a meme stock, while Minotaur’s Thomas Rice has already started shorting the shares.
