Bell comments on SpaceX Drops 14% in One Day, Price Now Below IPO Launch

SpaceX Drops 14% in One Day, Price Now Below IPO Launch (finance.yahoo.com)

submitted 4 months ago by rssbot@lemmy.bestiver.se [B] to c/hackernews@lemmy.bestiver.se

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[–] Bell@lemmy.world 10 points 4 months ago (3 children)

Huh? $154 at close, how is that "below" a $135 IPO launch price?

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[–] ikidd@lemmy.dbzer0.com 3 points 4 months ago

150 opening price, 164 close that day. Maybe that's what they meant.

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[–] jacksilver@lemmy.world 3 points 4 months ago

I think I this is talking about when the stock was generally available vs its "IPO". The general public could start buying the stock on Friday June 12th. From what I can see the price opened around $160 on Friday (seems like somewhere between $150-160).

The $135 price wasn't available to everyone.

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[–] DJKJuicy@sh.itjust.works 0 points 4 months ago

Math and headlines. Enemies since the dawn of print.

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