471
SpaceX Stock Plummets to Record Low Near $120 After Seven-Day Slump (townflex.com)
submitted 3 months ago by to c/technology@lemmy.world
74 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] 26 points 3 months ago (7 children)

Its barely got history on the stock market so its hardly a 'record low'. Just say the price has dipped and leave it at that.

  • permalink
  • fedilink
  • source
  • hideshow 7 child comments
    •
  • [–] 9 points 3 months ago

    Yeah, but that doesn't make for good clickbait.

    And most people who will click on this article don't have a fundamental understanding of the stock market, investing, or why this isn't really that big of a deal.

    (Still, however, don't invest in SpaceX. The stock is structured so retail investors don't have meaningful voting rights.)

  • permalink
  • fedilink
  • source
  • parent
  • [–] 16 points 3 months ago (3 children)

    If it’s the lowest it’s been to date, it’s literally a record low. Calling it that is accurate and usefully descriptive.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] 1 point 3 months ago (2 children)

    How is that 'useful'? If you had zero prior knowlege you'd be forgiven for thinking they had been trading for decades.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 6 points 3 months ago

    I don't think the price of space x shares matter at all to someone who didn't know it released recently. And if they decided they suddenly do care, they could just open the article and read it.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 6 points 3 months ago*

    It’s useful because it’s literally true. The stock hit its all time low. That interesting if the stock is decades old, and it’s interesting if the stock is weeks old. Whatever a person imagines has no bearing on any of that.

  • permalink
  • fedilink
  • source
  • parent